Question: Please help me .. Please help me Q3. During the year 30 November 2021, Honey Bhd made a new issue of shares. The details of
Please help me .. Please help me

Q3. During the year 30 November 2021, Honey Bhd made a new issue of shares. The details of the issue were as follows: a) 100,000 no par value ordinary shares were issued payable in installments as follows: Application Allotment First Call Final call RM 0.20 RM 0.30 RM 0.40 RM 0.60 RM 1.50 b) Applications for 200,000 shares were received and it was decided to deal with them as follows: (1) To refund the money for 75,000 shares. (ii) To allot the remaining shares on the basis of 4 shares for every 5 shares applied for (iii) To set off the excess application monies against the allotment monies asked for. Required: Show the ledger entries to record all the above transactions
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