Lota Corp has an authorized share capital of €2,200,000 divided into 2,200,000 ordinary shares of €1 each. The issued share capital at 31 March 2030 was €900,000 which was fully paid and had been issued at par. On 1 April 2030, the directors, in accordance with the company’s Articles, decided to increase the share capital of the company by offering a further 700,000 ordinary shares of €1 each at a price of €1.60 per share, payable as follows:

Payment	Amount (€)
On application, including the premium	0.80
On allotment	0.50
On first and final call	0.30

On 13 April 2030, applications had been received for 1,400,000 shares and it was decided to allot the shares to applicants for 1,000,000 shares, on the basis of five shares for every seven shares for which applications had been received. The balance of the money received on application was to be applied to the amounts due on allotment. The shares were allotted on 1 May 2030, the unsuccessful applicants being repaid their cash on this date. The balance of the allotment money was received in full by 15 May 2030.

With the exception of one member who failed to pay the call on the 10,000 shares allotted to them, the remainder of the call was paid in full within two weeks of the call being made. The directors resolved to forfeit these shares on 1 September 2030, after giving the required notice. The forfeited shares were reissued on 30 September 2030 to another member at €0.90 per share.

Required: Write up the ledger accounts necessary to record these transactions in the books of Iota Corp.