80 :- Park Hospitality Ltd. Incorporated with authorised capital of Rs 15,00,000, Rs 1,50,000 equity shares of Rs 10 each, issued 1,00,000 equity shares for subscription payable Rs 4 on application, Rs 3 on allotment and balance as first and final call. The shares were subscribed, and due amounts were received except first and final call on 4,000 shares held by Pawan. Rakesh holding 2,000 shares paid call on his shares along with allotment money. Shares of Pawan were forfeited. Later, half of the shares were reissued as fully paid-up and Rs 4,000 were transferred to Capital Reserve. Pass the Journal entry for reissue of shares.
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