MCO formal Normal No Spacing Heading 1 Tex PART C Your final task is to prepare closing balances for equity accounts and a Balance Sheet, including a detailed equity section as at 30 June, 2020 using the following information & with reference to the General Journal adjustments in Part A; The Share Capital account of Suntory Ltd. represents: January 2019 - 600 000 S1 shares issued and fully paid on application. September, 2019 - 1 000 000 $1 shares were issued on subscription with applications payable as follows: 25c per share payable on Application 25 per share payable on Allotment The remaining amount payable under Two Calls of .25c each Nov. 2019 The share issue is fully subscribed & directors proceed with allotments. Share issue costs of S10 000 were paid on November 15. All Application & Allotment money owing was fully paid Feb. 2020 Call #1 of 25e per share was made in February on these 1 000 000 shares, but 40 000 shareholders had failed to pay the call by 30 June 2020. An interim dividend of S30 000 has been paid during the year out of retained earnings. Required: Dec, 2019 Using the templates provided complete the balances to be carried down in the following Equity accounts: 1 out View Sep 1 Pages 5 of 7 Words 3 of 847