Let's break down each of the requirements step by step. We will create the appropriate journal entries for each part of the task.
### 1) Record the purchase of equity shares of each company.
For the purchase of ordinary shares:
**A) Purchase of shares of Reliance Manufacturing Company Ltd**
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Date: 12 March 2020
Dr. Investment in Reliance Manufacturing Co. Ltd. 902,500
Cr. Cash/Bank