(a) Nidhi Ltd. issued 2,000 Shares of 100 each. All the money was received except on 200 shares on which only 90 per share were received. These shares were forfeited and out of the forfeited shares 100 shares were reissued at 80 each as fully paid up. Pass necessary Journl entries for the above transactions and prepare the Forfeited Share Account.
(b) Complete the following Journal Entries:
