New India Ltd. Forfeited 100 shares of Rs 10 each , The company had called - up only Rs 8 per share . Final Call of Rs 2 each has not been made on these shares . These shares were allotted to Ramu , who did not pay the first call of Rs 3.60 shares were reissued at Rs 7 per share , as Rs 8 paid books of the company , showing the working cleapiid - up . Give the Journal entries in the PEARGA