Janta Ltd. had an authorized capital of 2,00,000 equity shares of ₹ 10 each. The company offered to the public for subscription 1,00,000 shares. Applications were received for 97,000 shares. The amount was payable as follows on application was ₹ 2 per share, ₹ 4 was payable each on allotment and first and final call. Shankar, a shareholder holding 600 shares failed to pay the allotment money. His shares were forfeited. The company did not make the first and final call.1. Name the type of share capital which is shown in the Memorandum of Association of the company- (A) Issued capital (B) Subscribed Capital (C) Authorised Capital (D) Paid up capital2. The amount forfeited on forfeiture of Shankar’s shares is --- (A) ₹6,000 (B)₹1,200 (C)₹3,600 (D)₹2,4003. Janta Ltd is--- (A)Private Company (B)Public Company (C)Government Company (D)Public Corporation4.When shares are forfeited, the Share Capital Account is debited with ___________ and the Share Forfeiture Account is credited with ____________.(A) Paid up capital of shares forfeited; Called up capital of shares forfeited (B) Called up capital of shares forfeited; Calls in arrear of shares forfeited (C) Called up capital of shares forfeited; Amount received on shares forfeited (D) Calls in arrears of shares forfeited; Amount received on shares forfeited