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.

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.

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.

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'.

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.

Cemto Ltd. Forfeited 6,000 shares of Rs. 10 each issued at a premium of Rs. 2 per share for the non-payment of final call of Rs. 3 per share. 300 of the forfeited shares were reissued for Rs. 8 per share as fully paid up. Pass necessary journal entries for the forfeiture and re-issue of shares. Also prepare share forfeited account.

'Scooters India Ltd.' is registered with an authorized capital of Rs. 50,00,000, divided into 5,00,000 shares of Rs. 10 each. The company issued 1,00,000 shares for subscriptions to the public at par. The amount was payable as follows : {:("On Application and Allotment","Rs. 3 per share"),("On 1st Call","Rs. 2 per share"),("On 2nd and Final Call","Rs. 5 per share"):} The issue was fully subscribed. All calls were made and were duly received except the 2nd and final call on 1,000 shares held by Rohan. His shares were forfeited and afterwards re-issued at Rs. 8 per share as fully paid up. Present 'Share Capital' in the Balance Sheet of the company as per Schedule III Part I of the Companies Act, 2013. Also prepare Notes to accounts for the same.

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.