Please help me with general journal entries and main reason was for not declaring an interim dividend.

The company has issued a final dividend but earlier in the year it had decided not to issue an interim dividend as a highly contagious disease was starting to spread across the world at that time. Identify what you think the company's main reason was for not declaring an interim dividend.The following CR account balances appeared in the Balance Sheet of Vamoose Ltd as at 30 June 2019: Paid-up capital (500 000 ordinary shares) 1 500 000 Retained profits 800 000 General Reserve 500 000 Asset revaluation surplus 400 000 Enter the following transactions for the period July 2019 to June 2020 in the general journal:29 July 2019 a 1:4 bonus share issue, valued at $2.50 per share is declared, and the shares are issued immediately using funds from the asset revaluation surplus.22 October 2019 Vamoose Ltd issues a prospectus offering 300 000 shares at $3.00 per share all payable at the time of applicationThe company has a policy of refunding excess funds on application to unsuccessful applicants if required.30 June 2020 a final dividend of $1 per share is declared which will be paid on 1 July 2020,After adjusting and closing entries, the debit balance in the profit and loss summary account on 30 June 2020 is $200 000Which account is used to held funds received on application until the shares are issued, and why