Take Test: Online Test Question Completion Status: Semaphore Ltd called for subscriptions for 15 million shares. The issue price per share is $2.50 to be paid in two parts: the first payment of $1.00 is to be made on application and the remaining $1.50 is to be paid within 1 month of allotment. At the end of September, when appfications close, applications for 19 million shares have beeh received. The shares are allotted on 1 October on a pro rata basis with the excess application money to be applied against the amount due on allotment. All amounts on allotment are paid by the due date. What are the accounting entries to record these events? Cr Cr 19 000 9 000 Cash at bank Dr Cr 18 500 18 19 000 1 October 15 000 000 Cr Share capita 22 500 Dr 4 000 Dr Cash at bank 19 000 00 9 000 000 Dr Cash at bank