Prepare the ledger accounts in T-account format for the year ended 28 February 2025, showing calculations and assumptions.

Here are the ledger accounts in T-account format, with Dr and Cr sides clearly labeled, for the year ended 28 February 2025.

Calculations and Assumptions:

• Opening Ordinary Share Capital: $2,000,000 \text{ authorised shares} \times 60\% = 1,200,000 \text{ shares in issue}$. At an average issue price of R10.00 per share, the opening balance is $1,200,000 \times \text{R}10.00 = \text{R}12,000,000$.
• **Interim Dividends (30 August 202