Pass journal entries for the forfeiture and re-issue in the following cases :
(a) X Ltd. forfeited 700 shares of Ashok of Rs. 10 each Rs. 8 called-up, on which had paid Rs. 5 share. Out of these, 500 shares were re-issued for Rs. 9 per shar as fully paid.
(b) Y Ltd. forfeited 400 shares of Rs. 10 each, Rs. 6 called-up, for non-payment of first call of Rs. 2 per share. Out of these, 300 shares were immediately re-issued Rs. 5 per share.
(c ) Z Ltd. forfeited 300 shares of Rs. 100 each on which first call of Rs. 20 per share was not received, the second and final call of Rs. 30 per share has not yet been called. Out of these, 200 shares were re-issued as Rs. 70 paid-up for Rs. 55 per share.