Pkzzz someone do solve this plzz..???

Dear student

please find the solution of part (b) and (c) below-under, and post  part (a) in another thread in order to get quick response from our experts

(B)

JOURNAL

DATE	PARTICULARS		L.F	DEBIT Rs	CREDIT Rs
	share capital a/c (400 shares x 10)	dr		4000
	security premium reserve a/c  (400 x 2)	dr		800
	to share forfeiture a/c (600 x 2)				1200
	to share allotment (workings)				1200
	to calls in arrears a/c (400 x 6)				2400
	(being share forfeited)

WORKING

amount paid by M on application (600 x2)	1200
Less :actual to be paid on application (400 x 2)	(800)
excess money received	400
amount to be received on allotment  (400 x 4)	1600
less: excess	(400)
arrears on allotment	1200

(C)
JOURNAL

DATE	PARTICULARS		L.F	DEBIT Rs	CREDIT Rs
	share capital a/c (50 shares x 10)	dr		500
	to share forfeiture a/c (50 x 7)				350
	to calls in arrears a/c (50 x 3)				150
	(shares forfeited for the non payment of Rs 3)
	bank a/c  (20 x 8)	dr		160
	share forfeiture a/c (20 x 2)	dr		40
	to share capital a/c				200
	(shares reissued at Rs 8 fully paid up)
	share forfeiture a/c	dr		100
	to capital reserve				100
	(share forfeiture t/f to capital reserve)

working

amount to be transferred to capital reserve =$(\frac{350}{50}\times 20) -40=140-40= Rs100$


Regards!!