1. Forfeiture of 3,000 Shares:
- Amount called per share: ₹ 8
- Unpaid amount per share (First call): ₹ 2
- Amount received per share before forfeiture: ₹ 6 (₹ 8 - ₹ 2)
- Total forfeited amount:
\[
\text{Forfeiture Amount} = 3,000 \times ₹ 6 = ₹ 18,000
\]
2. Reissue of 3,000 Shares:
- Reissue price per share: ₹ 7
- Paid-up value per share: ₹ 8
- Total amount received on reissue:
\[
\text{Reissue Amount} = 3,000 \times ₹ 7 = ₹ 21,000
\]
3. Nominal Value of Reissued Shares:
- Nominal value per share: ₹ 8
- Total nominal value:
\[
\text{Nominal Value} = 3,000 \times ₹ 8 = ₹ 24,000
\]
4. Amount Required to Make Shares Fully Paid:
- This is the difference between the nominal value and the reissue amount.
\[
\text{Required Amount} = \text{Nominal Value} - \text{Reissue Amount}
\]
\[
\text{Required Amount} = ₹ 24,000 - ₹ 21,000 = ₹ 3,000
\]
5. Forfeited Amount Transferred to Capital Reserve:
- Total forfeited amount: ₹ 18,000
- Forfeited amount utilized for making shares fully paid: ₹ 3,000
- Remaining forfeited amount transferred to Capital Reserve:
\[
\text{Capital Reserve} = ₹ 18,000 - ₹ 3,000 = ₹ 15,000
\]
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Final Answer:
The amount credited to the Capital Reserve Account is ₹ 15,000.