On $30$ June $2022,$ the equity accounts of Parker Ltd consisted of:

Share capital $200,000$ ordinary shares, issued at $$2$ each, fully paid

General reserve

Retained earnings

$$400,000$

$30,000$

$75,000$

The following transactions and events occurred during the year ended $30$ June $2023$:

Shareholders approved the payment of the $8c$ per share dividend at the annual general meeting

on $20$ September $2022.$

The $8$c per share dividend approved on $20$ September $2022$ was paid on $27$ September $2022.$

On $1$ October, the directors issued a prospectus offering $80,000$ ordinary shares at an issue

price of $$2,$ payable $$2$ on application. The closing date for application was $31$ October $2022.$

The share issue was underwritten by Fair Stockbrokers for a fee of $$7,500,$ payable on $15$

November $2022.$

By $31$ October $2022,$ applications for $100,000$ shares had been received.

On $5$ November $2022,$ the directors allotted the shares on a pro$-$rata basis, with applicants

receiving $80\%$ of their requested shares.

On $9$ November $2022,$ The Company returned the money to unsuccessful applicants.

On $15$ November $2022,$ the underwriting fee was paid.

Required

Analyse and prepare general journal entries to record the above wansactions.