VXN Ltd. invited applications for issuing 50,000 equity shares of ₹ 10 each at a premium of ₹ 8 per share . The amount was payable as follows: On Application — ₹ 4 per share (Including ₹ 2 premium); On Allotment — ₹ 6 per share (Including ₹ 3 premium); On First Call — ₹ 5 per share (Including ₹ 1 premium); and On Second and Final Call — Balance Amount The issue was fully subscribed . Gopal, a shareholder holding 200 shares, did not pay the allotment money and Madhav, a holder of 400 shares, paid his entire share money along with the allotment money. Gopal's shares were immediately forfeited after allotment . Afterwards, the first call was made. Krishna, a holder of 100 shares , failed to pay the first call money and Girdhar, a holder of 300 shares, paid the second call money also along with the first call . Krishna's shares were forfeited immediately after the first call. Second and final call was made afterwards and was duly received . All the forfeited shares were reissued at ₹ 9 per share fully paid-up.Pass necessary journal entries for the above transactions in the books of the company.