Question 5 (8+4) A) Saturn Ltd. was registered with an authorised share capital of 3.12,00,000, divided into 1,20,000 equity shares of <.10 each. it issued equity shares to the public at a premium of .5 per share payable as follows: on application allotment .9 all were applied for and allotted. one shareholder holding failed pay money his forfeited. out forfeited company reissued fully called up. you are required to: give journal entries forfeiture reissue b prepare: securities reserve account capital prepare balance sheet under which heads sub-heads will following items appear in shee schedule iii companies act i trade debtors ii bank overdraft building construction iv calls advance>