Record the Journal entries for forfeiture and reissue of shares in the following cases:
i. X Ltd. forfeited 20 shares of Rs.10 each, Rs.7 called up on which the shareholder had paid application and allotment money of Rs. 5 per share. Out of these, 15 shares were reissued to Naresh as Rs.7 per share paid-up for Rs.8 per share.
ii. Y Ltd. forfeited 90 shares of Rs.10 each, Rs.8 called up issued at a premium of Rs.2 per share to “R” for non-payment of allotment money of Rs.5 per share (including premium). Out of these, 80 shares were reissued to Sanjay as Rs.8 called up for Rs.10 per share.