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Half part of Q58 after suhani....plzzz fastly solve this

Half part of Q58 after suhani....plzzz fastly solve this Sonnet S.49 who held 3.1") shares failed to pay final call. Her Shares were also forfeited. All shares m•n• reissued for a sum Of 62.1"' as fully paid•up. Pass Journal entries for above transactions in the of R. K. Ltd. (Delhi 2010 C) (Äin on reissue Oi forfeited shares transferred to Capital Reserve • 24.00 Sargam Ltd invited applications for issuing 80,000 equity shares oi 100 each at premium. The amount was payable as follows: oremiumi share'. O

Answer first part

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Second part

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Third part

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Plzzz clear me the last second entry of third part
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The reissue of shares is done by charging premium. So, the premium amount will be credited to SPR account and share captial amount( no of shares X face value of share)

Money received from reissue will be debited to bank as amount is deposited by shareholder in the bank.

Hope this helps you.
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How did you calculate that there is a premium because 62000 is greater than amount debited to share capital on both partners tym total is less...so there must be a discount...plzzz explain me clearly
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The share is always reissued at its face value Rs.10. And it is given it is fully paid up as Rs. 62,000 fully paid up.

Total forfeited shares are 6000 (3000 of rahim and 3000 of suhani)

So reissued captial is Rs. 6000x10= Rs. 60,000.
The extra 2000 rupees are of premium money and credited to securities premium account.

Hope it helps.
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Share issue at discount is not legal now as per Companies Act,2013.
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