please do it in detail

QUESTION 3 Part A Ixora Manufacturing Bhd is listed on the Bursa Malaysia. It has in issue and fully paid 80,000,000 ordinary shares at RM2. On 1 July 2020, Ixora offered for sale 60,000,000 ordinary shares at RM 3.60 per share payable as follows: On application RM 2.00 On allotment RM 0.80 On first and final call RM 0.80 The application was closed on 15 July 2020 and there were 100,000,000 applications were received. Applications for 40,000,000 shares were unsuccessful and the cash paid in respect of these shares was returned. On 31 August 2020, the shares were allotted to the successful shareholders and the allotment money were received. However, on that day one holder 4,000,000 shares paid the call money along with the allotment money On 15 October 2020, when the first and final call was made, another holder of 2,000,000 shares did not pay first and final call money. The remaining shareholders paid the call money due. Required: a) Prepare journal entries for the above transactions (9 marks) b) Prepare the extract of statement of financial position as at 31 December 2020. (2 marks)