Surya Tubes Limited issued 20,000 shares of Rs. 100 each. The due amount was received except for 500 shares on which Rs. 75 per share was received. These 500 shares were forfeited and 300 shares were reissued for Rs. 60 each fully paid-up. Show the Forfeited Shares Account and the Balance Sheet as at closing date.

Radhika Limited issued 50,000 shares of Rs. 10 each. The due amount was received except on 1,000 shares on which Rs. 6 per share was received. These 1,000 shares were forfeited and 700 shares were reissued for Rs. 8 each fully paid-up. Show the Forfeited Shares Account and the Balance Sheet as at closing date.

Welfare Limited issued 1,000 shares of Rs. 100 each . The due amount was received except for 100 shares on which Rs. 90 was received per share. These 100 shares were forfeited and 50 shares were reissued for Rs. 80 each fully paid up. Show the Forfeited Shares Account and the Balance Sheet as at closing date.

Star Ltd. forfeited 500 Equity shares of Rs. 100 each for non-payment of first call of Rs. 30 per share. The final call of Rs. 10 per share was not yet made. Out of these, 60% shares were reissued for Rs. 39,000 fully paid. Journalise the forfeitue and reissue of shares.

Suvidha Ltd.' is registered with an authorised capital of Rs. 10,00,00,000 divided into 10,00,000 Equity Shares of Rs. 100 each. The company issued 1,00,000 shares for public subscription. A shareholder holding 100 shares, failed to pay the final call of Rs. 20 per share. His shares were forfeiled. The forfeited shares were reissued at Rs. 90 per share as fully paid-up. Present the 'Share Capital' in the Balance Sheet of the company as per Schedule VI, part I of the Companies Act, 1956 (Now Schedule III, Part I of the Companies ACt, 2013). Also prepare 'Note to Accounts'.

Alfa Ltd. invited applications for issuing 75,000 equity shares of Rs. 10 each. The amount was payable as follows: {:("On application and allotment ",-,"Rs. 4 per share,"),("On first call",-,"Rs. 3 per share,"),("On second and final call",-,"balance."):} Application for 1,00,000 shares were received. Shares were allotted to all the applicants on pro rata basis and excess money received with applications was transferred towards sums due on first call. Vibha who was allotted 750 shares failed to pay the first call. Her shares were immediately forfeited. Afterwards the second call was made. The amount due on second call was also received except on 1,000 shares applied by Monika. Her shares were also forfeited. All the forfeited shares were reissued to Mohit for Rs. 9,000 as fully paid-up. Pass necessary Journal entries in the Books of Alfa Ltd. for the above transactions .

Prayuj Ltd. forfeited 2,000 shares of Rs. 10 each, fully called up, on which they had received only Rs. 14,000.50 of the forfeited shares were reissued for RS. 9 per share fully paid up. Pass necessary journal entries for foreiture and re-issue of shares. Also prepare share forfeited account.