The Orient Company Limited offered for public subscription 20,000 equity shares of Rs. 10 each at a premium of 10% payable at Rs. 2 on application; Rs. 4 on allotment including premium; Rs. 3 on First Call and Rs. 2 on Second and Final call. Applications for 26,000 shares were received. Applications for 4,000 shares were rejected. Prorata allotment was made to the remaining applicants. Both the calls were made and all the money were received except tile final call on 500 shares which were forfeited. 300 of the forfeited shares were later reissued as fully paid at Rs. 9 per share. Give journal entries and prepare the balance sheet.