Sudhir had been allotted 400 shares by SVB Ltd on a pro-rata basis which had issued two shares for every three applied. He had paid application money of ₹4 per share and could not pay allotment money of ₹4 per share. The first and final call of ₹2 per share was not yet made by the company. His shares were forfeited the following entry will be passed:

Equity Share Capital A/c ....Dr ₹X

To Share Forfeited A/c ₹Y

To Equity Share Allotment A/c ₹Z

Here, X, Y and Z are: