New Company Ltd issued 50,000 equity shares of ~ 10 each at a premium of ₹ 2 per share payable as: On Application---- ₹ 3 per share; on Allotment ---- ₹ 5 per share (Including Premium); on First Call ---- ₹ 2 per share; on Final Call ---- ₹ 2 per share. Applications were received for 80,000 shares. Allotments were made pro-rata to applicants for 60,000 shares and other applications were refused. One of the allottees Sri B. Chakrabarty who was allotted 1,030 shares failed to pay the allotment money. Another Sri Anil Mukherjee who was allotted 5,000 shares failed to pay the final call. All these 6,030 shares were forfeited after the final call was made. Three months later, these shares were re-issued at ₹ 7 per share. Show the Journal Entries required to record the above noted transactions.