Pass the necessary journal entries for forfeiture and reissue of shares in the following cases :

1. Premier Ltd. forfeited 600 shares of ₹10 each issued at a premium of ₹3 per share (payable with allotment) for non-payment of allotment money of ₹7 per share including premium. The first and final call of ₹3 per share was not yet made. The forfeited shares were reissued at ₹13 per share fully paid up.
2. Risha Ltd. forfeited 1000 shares of ₹10 each, ₹8 per share called up issued at a premium of ₹2 per share to Atul, for non-payment of allotment money of ₹6 per share (including premium). Out of these, 800 shares were reissued at ₹7 per share, ₹8 paid up. 

Marks-6, CBSE: 2024-25/Zone-2/Set-1/Q-25(b)