E Ltd. had allotted 10,000 shares to the applicants of 14,000 shares on pro-rata basis. The amount payable on application was Rs. 2. F applied for 420 shares. The number of shares allotted and the amount carried forward for adjustment against allotment money due from F will be :

XYZ Ltd. invited applications for issuing 50,000 Equity Shares of Rs. 10 each. The amount was payable as: {:("On application",-,"Rs. 3 per share,"),("On allotment",-,"Rs. 4 per share,"),("On first and final call",-,"Rs. 3 per share."):} Application were received for 75,000 shares and pro rata allotment was made as: Applicants for 40,000 shares were allotted 30,000 shares on pro rata basis. Applicants for 35,000 shares were allotted 20,000 shares on pro rata basis. Ramu, to whom 1,200 shares were allotted out of the group applying for 40,000 shares, failed to pay the allotment money . His shares were forfeited immediately after allotment. Shamu , who had applied for 700 shares out of the group applying for 35,000 shares, failed to pay the first and final call. His shares were also were also forfeited . Out of the forfeited shares. 1,000 shares were reissued @ Rs. 8 per share as fully paid-up. The reissued shares included all the forfeited shares of Shamu. Pass necessary Jouranl entries to record the above transactions .

Z Ltd. offered to public 80,000 shares for subscription. Applications were received for 1,30,000 shares and pro rata allotment was made to the applicants. X applied for 52,000 shares and Y was allotted 16,000 shares. On the basis of above information, calculate: (i) How many applications have been rejected? (ii) What is the pro rata ratio? (iii) How many shares were allotted to X ? (iv) How many shares were applied by Y ?

Midee Ltd. invited applications for issuing 27,000 shares of Rs. 100 each payable as follows: Rs. 50-per share on application, Rs. 10-per share on allotment, and Balance-on First and Final call. Application were received for 40,000 shares. Full allotment was made to the applications of 7,000 shares. The remaining applicants were allotted 20,000 shares on pro rata basis. Excess money received on application was adjusted towards allotment and call. Asha, holding 600 shares was belonged to the category of applicants to whom full allotment was made, paid the call money at the time of allotment. Ankur, who belonged to the category of applicants to whom shares were allotted on pro rata basis did not pay anything after application on his 200 shares. Ankur's shares were forfeited after the First and Final call. These shares were later reissued at Rs. 105 per share as fully paid-up. Pass necessary Journal entries in the books of Midee Ltd. for the above transactions, by opening Call-in-Arrears and Call-in-Advance Accounts wherever necessary.