Accounting for ...

On a share of $$Rs. 100$$ issued at a premium of $$Rs. 10$$ the whole amount has been called up but one of the shareholders has paid only $$Rs. 80$$. Such shares were forfeited. To record this, the Share Forfeiture a/c would be credited by ________.

On re-issue of forfeited shares issued at ______________.

Ashok was issued $$300$$ shares of $$Rs. 10$$ each issued at a discount of $$10$$%. He paid $$Rs. 2$$ on application and failed to pay allotment money $$Rs. 3$$. Subsequently his shares were forfeited. The accounting entry of forfeiture would be ________.

Pritam was issued $$500$$ shares of $$Rs. 10$$ each issued at a premium of $$10$$%. He paid $$Rs. 2$$ on application and failed to pay allotment money of $$Rs. 4$$ (including premium). Subsequently his shares were forfeited. The accounting entry of forfeiture would be __________.

After re-issue of forfeited shares the balance in forfeited shares a/c is transferred to ________________.

X was issued $$500$$ shares of ABC Ltd. at $$RS. 12$$ including $$Rs. 2$$ premium. He paid only application money of $$Rs. 3$$ and failed to pay the allotment money of $$Rs. 4$$ including premium. Consequently his shares were forfeited. Y was allotted $$400$$ shares he paid $$Rs. 3$$ on application, $$Rs. 4$$ at the time of allotment and failed to pay the call money of $$Rs. 5$$. His shares were also subsequently forfeited. The company subsequently re-issued $$800$$ shares at $$Rs. 8$$ fully paid up as $$Rs. 10$$. Find the amount to be transferred to Capital reserve A/c on re-issue of $$800$$ forfeited shares.

From the following details calculate the number of equity shares of Rs. $$10$$ each to be issued in order to redeem the preference shares.
$$12\%$$ $$(20000)$$ Redeemable preference shares of Rs. $$10$$ each $$=$$ Rs. $$200,000$$
Security premium A/c $$=$$ Rs. $$20,000$$
General Reserve A/c $$=$$ Rs. $$15,000$$
Profit and loss A/c $$=$$ Rs. $$30,000$$
Redeemable preference shares are to be redeemed at $$10\%$$ premium.

A company's balance sheet shows the following information:
Outstanding Redeemable Preference Shares Rs. $$200,000$$
Premium on redemption $$10\%$$
Divisible profit available Rs. $$100,000$$
Security Premium A/c Rs. $$15,000$$
Fresh issue to be made at a discount of $$10\%$$
The face value of fresh issue of shares will be ___________.

Which of the following is odd one?

Rohan Industries Ltd. purchased a plant from Hind Industries for Rs. $$12,00,000$$. The company paid Rs. $$4,00,000$$ in cash and agreed to allot $$10\%$$ redeemable preference shares of Rs. $$100$$ each at a premium of $$25\%$$ for the balance amount. How many preference shares will be issued to the vendor if the shares are allotted at $$10\%$$ discount?