Reena Ltd. issued a prospectus inviting applications for 3000 shares of ₹100 each at a premium of ₹20 payable as follows:
On Application ₹20 per share
On Allotment  ₹50 per share (including premium)
On First Call ₹20 per share
On Second Call ₹ 30 per share
Radha to whom 360 shares were allotted, failed to pay Allotment Money and Call Money and her shares were forfeited.
Amount of Securities Premium Reserve in Balance Sheet will be:

₹52800

3000 - 360 = 2640 shares paid securities premium
2640 X 20 = ₹52800