Pls explain all must but please mainly the forefiture entry how to measure amount

Pls explain all must but please mainly the forefiture entry how to measure amount _ Company Accounts—issue and Forfeiture of Shares 299 Cans-in-Advance on 800 shares of Chander = 800 x R4 = e 3,200. Total money received on Allotment: + 0.200 .57.200 Hema Ltd. invited applications for issuing 30,000 Equity shares of r IOO each at a premium Of t20 each. The amount was payable as follows: On Application and Allotment C40 (including premium 10) per share. On First Call C50 (including premium 10) per share On and Final Call — Balance Applications for 75.000 shares were received. Applications for 15,000 shares were rejected and the money received from them was refunded. Shares were allotted on pro rata to the remaining applicants. All calls were made. A who had applied for 2,000 shares failed to pay the first call and second and final call on the shares allotted to him. B who was allotted I shares failed to pay the second and final call. The shares of both A and B were forfeited. The forfeited shares were reissued at 160 fully paid. necessary journal entries in the books of the company for the above transactions. Journal Entries PÜÜcul•r• Bank Kc To Equity Share Application and Allotment NC teeing apc*cation and allotment money received 75.000 snares share "'duding premium of 10) Eq.ity Stwe Aoplicauoo and Allotment Alc To Eqaity Share Capital NC to Premium Reserve NC TO Equty First Can Atc Bar* ICBSE(F) 20111 30.00000 3000.000 9.00000 '2.00000 6,00.ooo