s ltd invited applicatiions for issuing 100000 equity shares of rs 10 each. The shares were issued at a premium of rs 5. The amount was as follows on application and allotment - rs 8 per shar(incuding rs 3 as premium) on first and final call- balance including premium. Applications for 150000 shares were received. Applications for 10000 shares were rejected and prorata allotment was made to the remaining applicants on the following (i) Applicants for 80000 shares were allotted for 60000 shares. (ii) applicants for 60000 shares were allotted for 40000 shares. excess amount received on application and allotment was to be adjusted against sums due on call. X belonged to te first category and was allotted 300 shares failed to pay the first and final call money. Y who belonged to second category and was allotted 200 shares also failed to pay the first and final call money. Their shares were forfeited. The forfeited shares were reissued @rs 12 per share as fully paid up. Pass necessary cash book and journal entries for the above transactions