Give journal entries to record the following transactions.
Issued on par 250, 8% preference shares of Rs.100 each.
Issued 500 ordinary shares of Rs.100 each at Rs. 120 all amountreceived in cash.
Purchased building costing Rs.165000 andissued 1000 8% preference shared of Rs.100 each for fullconsideration.
Issued 5000 ordinary shares of Rs.10 each to promoters asremuneration for their services.