E 10 each > 2 The amount was. 87 Priyanka itd. issued 31 equity shares of at a premur of 21. payable as &2 on app., Z4 on allot. line Premium) and 25 on I and final call. Applica- tions total 6, 11,000 shares. The Bod rejected apple- cations for 11,000 shares and made allotment on all the remaining applications on Pro Rata. Poornima to who 300 shares had been alloted did pay . the balance of subsequently Kasin who held uso shares did not pay the call. There shares forfeited 3 months astu All the for. shares were reissued at fully paid up to have as all per share. Pass Journal Entries. not and allotment money the call money. wht the call. were