98 :- Ratan Ltd. ‘forfeited 1,000 shares of Rs 10 each for non-payment of first and final call of Rs 2 per share. These shares were reissued and gain on reissue transferred to Capital Reserve was Rs 5,000. Determine the amount realised from reissue of shares.
99 :- Swasth Ltd. ‘forfeited 2,000 shares of Rs 10 each for non-payment of final call of Rs 3 per share. 1,500 of these shares were reissued and gain on reissue transferred to Capital Reserve was Rs 7,500. Determine the amount realiesd from reissue of shares.