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Danial joy Exports Ltd. with a share capital of $ 1,00,00 divided into 2,000 shares of $.50 each offers the shares to the public as under $. 10 per share payable on application: $.10 per share payable on allotment. $. 15 per share payable on 1st Call and $. 15 per share payable on second call Shareholder A, who holds 30 shares has paid only the application money Shareholder B, who holds 20 shares has paid application money on 20 shares and allotment money on only 10 shares. He has not paid any other calls Shareholder C, who holds 18 shares has paid only the application and allotment money.

Shareholder D. who holds 5 shares has paid application, allotment and first

call money Shareholder E, who holds 3 shares has paid application, allotment and first

call money in full and second call money on only 2 shares The company forfeits the shares of the above shareholders who have not paid the arrears. Journalise the above transactions including entries relating to Bank in the

books of Danial joy Exports Ltd.