R Ltd. forfeited 600 shares of Rs. 100 each Rs. 70 called up on which Mahesh has paid application and allotment money of Rs. 50 per share. Of these, 400 shares were re-issued to Naresh as fully paid-up for Rs. 110 per share. What is the amount to be transferred to Capital Reserve ?

X Ltd. forfeited 400 shares of Rs. 20 each Rs. 15 called up on which application and allotment money of Rs. 11 per share has been received. Of these, 100 shares were re-issued as fully paid-up for Rs. 24 per share. What is the amount to be transferred to Capital Reserve ?

Pass journal entries for the Forfeiture and Re-issue in the following cases : (a) X Ltd. forfeited 200 shares of Ravi of Rs. 10 each Rs. 8 called up, on which he had paid application and allotment money of Rs. 3 per share. Out of these, 100 shares were re-issued as fully paid up for Rs. 8 per share. (b) Y Ltd. forfeited 300 shares of Rs. 10 each, Rs. 7 called up, for non-payment of First Call of Rs. 2 per share. Out of these, 100 shares were immediately re-issued at Rs. 6 per share. (c ) Z Ltd. forfeited 600 shares of Rs. 10 each, on which first call of Rs. 3 per share was not received, the second and final call of Rs. 2 per share has not yet been called. Out of these, 200 shares were re-issued as Rs. 8 paid for Rs. 7 per share.

Pass journal entries for the forfeiture and re-issue in the following cases : (i) A Ltd. forfeited 100 shares of Rs. 10 each fully called-up foe non-payment of first call of Rs. 3 per share and final call of Rs. 3 per share. All of these shares were re-issued as fully paid for Rs. 10 per share. (ii) B Ltd. forfeited 400 shares of Rs. 10 each fully called-up for non-payment of final call of Rs. 3 per share. 300 of these shares were re-issued as fully paid for Rs. 8 per share. (iii) C Ltd. forfeited 700 shares of Rs. 10 each fully called-up on which the holder has paid application money @ Rs. 3 and allotment money @ Rs. 2 per share. Out of these, 300 shares were re-issued as fully paid @ Rs. 7 per share. (iv) D Ltd. forfeited 1,000 shares of Rs. 10 each fully called-up on which the holder has paid only the application money @ Rs. 3 per share. Out of these, 600 shares were re-issued at Rs. 10.50 per share, fully paid up.

B Ltd. forfrited 300 shares of Rs. 100 each, Rs. 70 called up, for non-payment of first call of Rs. 20 per share. Out of these, 200 shares were reissued for Rs. 60 per share as Rs. 70 paid up. What is the amount to be transferred to Capital Reserve Account ?

Madhu Ltd. forfeited 800 shares of Rs. 10 each issued at 10% premium to Shyam (Rs. 9 called up) on which he did not pay Rs. 3 of allotment (including premium) and first call of Rs. 2. Out of these, 600 shares were re-issued to Ram as fully paid up for Rs. 9 per share. What is to amount to be transferred to cspital Reserve ?

A Ltd. forfeited 800 shares of Rs. 10 each issued at 20% premium (to be paid at the time of allotment) for non-payment of a final call of Rs. 2 per share. Out of these, 600 shares were re-issued as fully paid-up for Rs. 13 per share. Journalise.

Z Ltd. forfeited 300 shares of Rs. 10 each issued at 20% premium (Rs. 9 called up) on which Rs. 4 of allotment (including premium) and first call of Rs. 2 has not been received. Out of these, 100 shares were re-issued as fully paid up for Rs. 9 per share. What is to amount to be transferred to capital Reserve ?