A Ltd. Reissued 2,000 shares which were forfeited by crediting Share Forfeiture account by Rs. 3000. These shares were reissued at Rs. 9 Per share. The face value of share is ₹10. The amount debited to Share Forfeiture on reissue of shares will be:

₹2000

Bank A/c Dr.(2000*9) 18,000

Share forfeiture A/c Dr. 2000
       To Share Capital A/c (2000*10) 20,000
(Being forfeited shares re-issued)

Share forfeiture balance is used for shares issued at discount. And after that remaining balance will be transferred to capital reserve.