Pritam was issued 500 shares of Rs.10 each issued at a premium of 10%. He paid Rs.2 on application and failed to pay allotment money of Rs.4 (including premium). Subsequently his shares were forfeited. The accounting entry of forfeiture would be A B C Debit Share capital A/c Rs.2500, debit Securities Premium A/c Rs.500, credit Share Forfeiture A/c Rs.1000, credit Share Allotment A/c Rs.2000. Debit Share Capital A/c Rs.3000, Credit Share Allotment A/c Rs.2000, Share Forfeited A/c Rs.1000. Debit Share Capital A/c Rs.3000, Credit Share Allotment A/c Rs.2500, Share Forfeited A/c Rs.50. D Debit Share Capital A/c Rs.3000, Credit Share Allotment A/c Rs.1500, Share Forfeited A/c Rs.1500.