Easy Heart Ltd has an authorised capital of 800,000 comprising ordinary shares of 1 each . The shares were issued at per , payments being made as follows: pershare payable on aplications. 20p payable on allotment. 28p first share 27p second call. 25p applications were received for 1.08 million shares.It was decided to refund application monies on 800,000 shares and to allot the shares on the basis of four for every five applied for.The 40,000 excess application monies sent by the applicants whose applications were successful are not to be refunded but are to be held and so reduce the amount payable on allotment. The calls were made and paid in full with the exception of two members holding a combined total of 5,000 shares are paid neither the first nor the second call and another member who did not pay the second call on 2,000 shares. The shares were forfeited and reissued to H Vipond at a price of 80p per shar. you are to draft the ledger accounts to record the transactions.