Q. ​ZX Limited invited applications for issuing Equity shares of Rs. 10 each payable at a 
premium of Rs. 10 each payable with Final call. Amount per share was payable as follows: 
On Application                         Rs. 2
On Allotment                            Rs. 3
On First Call                             Rs. 2
On Second & Final Call         Balance

Applications for shares were received. Applications for 50,000 shares were rejected and the application money was refunded. Allotment was made to the remaining applicants as follows: 
Category                       Number of shares applied                           Number of shares allotted
     I                                               2,00,000                                               1,50,000
    II                                               5,50,000                                               3,50,000 
Excess application money received with applications was adjusted towards sums due on allotment. Balance, if any was adjusted towards future calls. Govind, a shareholder belonging to category l, to whom 1,500 shares were allotted paid his entire share money with application. 
Manohar belonging to category II had applied for 11,000 shares failed to pay 'Second & Final Call money'. Manohar's shares were forfeited after the final call. The forfeited shares were reissued at 
Rs. 10 per share as Rs. 7 paid up. 
Assuming that the company maintains "Calls in Advance Account' and "Calls in Arrears Account", pass necessary Journal entries for the above transactions in the books of ZX Limited.