XYZ Ltd. invited applications for issuing 50,000 Equity Shares of Rs. 10 each. The amount was payable as: `{:("On application",-,"Rs. 3 per share,"),(

XYZ Ltd. invited applications for issuing 50,000 Equity Shares of Rs. 10 each. The amount was payable as:
`{:("On application",-,"Rs. 3 per share,"),("On allotment",-,"Rs. 4 per share,"),("On first and final call",-,"Rs. 3 per share."):}`
Application were received for 75,000 shares and pro rata allotment was made as:
Applicants for 40,000 shares were allotted 30,000 shares on pro rata basis.
Applicants for 35,000 shares were allotted 20,000 shares on pro rata basis.
Ramu, to whom 1,200 shares were allotted out of the group applying for 40,000 shares, failed to pay the allotment money . His shares were forfeited immediately after allotment.
Shamu , who had applied for 700 shares out of the group applying for 35,000 shares, failed to pay the first and final call. His shares were also were also forfeited . Out of the forfeited shares. 1,000 shares were reissued @ Rs. 8 per share as fully paid-up. The reissued shares included all the forfeited shares of Shamu.
Pass necessary Jouranl entries to record the above transactions .