What amount of profit on reissue will be transferred to Capital Reserve under following situations?
(i) 3,000 shares of Rs. 10 each of Rakesh were forfeited by crediting Rs. 5,000 to Forfeited Shares Accounts. Out of these, 1,800 shares were reissued to Mohan for Rs. 9 per share as fully paid-up.
(ii) Z Ltd. forfeited 20 shares of Rs. 100 each (Rs. 60 called-up) issued at par to Shiv on which he paid Rs. 20 per share. Out of these, 15 shares were reissued to Rajesh as Rs. 60 paid-up for Rs. 45 per share.

Explanation

(i) Rs. 1,200 (ii) Rs. 75.