Super Star Ltd. makes an issue of 10,000 Equity Shares of ₹ 100 each, payable as:

Super Star Ltd. makes an issue of 10,000 Equity Shares of ₹ 100 each, payable as:

On Application and Allotment	₹ 50 per share,
On First Call	₹ 25 per share,
On Second and Final Call	₹ 25 per share,

Members holding 400 shares did not pay the second and final call and the shares are duly forfeited, 200 of which are reissued as fully paid-up @ ₹ 50 per share. Pass Journal entries in the books of the company. [Ans.: Capital Reserve – ₹ 5,000.]