W ltd. Issued10,000 shares of 100 …

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W ltd. Issued10,000 shares of 100 each .during the year only Rs80 were called payable as follow
On application. Rs 25
On allotment Rs 20
On 1call Rs 20
On 2and final call. Rs 15
Amount were received as follow
On 8000 share the full amt called
On 1,200 shares Rs 65 per share
On 500 shares Rs 45 per share
On 300 shares Rs 25 per share
The director forfeited those shares on which less than Rs 65 per share were received .show entries in the cash book and journal and show the share capital in the balance sheet.
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