Task 1: Accounting for share capital by Moelis (10 marks) Moelis Australia was incorporated on 1 July 2009.

Required:

Prepare the journal entries to record the transactions of Moelis Australia up to and including that which took place on 18 January 2018. Show all relevant dates, narrations and workings. Use computerised accounting system (MS Excel) using the templet provided in the answers section which is in accordance with company policy and procedure. (Submit hard copy as well as soft copy of your work during assessment submission)