PR Ltd. forfeited 10,000 equity shares of ₹10 each, issued at a premium of ₹4 per share, for non-payment of the first call of ₹3 per share. The second and final call of ₹2 per share had not yet been made.
These forfeited shares were later reissued at a discount of ₹1 per share, fully paid-up.
Pass necessary journal entries for the forfeiture and reissue of shares in the books of PR Ltd. Also prepare the Share Forfeiture Account.

Devi and Anupam were partners in a firm. Their fixed capitals were ₹9,00,000 and ₹6,00,000 respectively on 1^st April, 2023. The partnership deed provided for the following:
(i) Interest on capital @ 12% p.a.
(ii) Interest on drawings @ 15% p.a. 
On 1^st May, 2023, Devi introduced additional capital of ₹1,00,000 and on 1^st June, 2023, Anupam withdrew ₹2,00,000 from her capital. 
Devi withdrew ₹4,000 per month for her personal use and Anupam withdrew ₹2,000 per month for her personal use. 
The net divisible profit of the firm for the year ended 31^st March, 2024 after allowing interest on capital and charging interest on drawings was ₹3,00,000. 
Prepare Current Accounts of the partners.

ABC Ltd. was registered with authorised capital of \(₹1,00,00,000\) divided into 10,00,000 equity shares of \(₹10\) each. On 1stApril, 2024, the company offered to the public for subscription, 1,00,000 shares. Applications for 99,000 shares were received and allotment was made in full to all the applicants. A shareholder holding 9,000 shares failed to pay the final call of \(₹3\) per share. 
Answer the following questions : 
(i) The authorised capital of the company is :
(ii) The issued capital of ABC Ltd. is:
(iii) The amount of calls-in-arrears will be:
(iv) The ’subscribed and fully paid up capital’ of ABC Ltd. will be:
(v) Subscribed but not fully paid up capital of ABC Ltd. will be:
(vi) The amount of ’Share Capital’ presented in the Balance Sheet of ABC Ltd. will be:

Prepare a Common Size Balance Sheet of ZXT Ltd. from the following information: