Strontium Ltd Had Owner's Equity of 100 000 Shares, Issued

Strontium Ltd had owner's equity of 100 000 shares, issued and called up to $1 each, but there were calls in arrears of 20 cents per share on 5000 of these shares.
What is the journal entry to forfeit the shares in arrears?

A)
$\begin{array}{llcc} \text { Dr Paid up capital } &\$5000 \\ \text { Cr Call no. 1 } &&\$1000\\ \text { Cr Paid-up capital-forfeited shares } &&\$4000&\\ \end{array}$


B)
$\begin{array}{llcc} \text {Dr Paid up capital } & \$5000 \\ \text { Cr Paid-up capital -forfeited shares } && \$5000\\\end{array}$


C)
$\begin{array}{lrr}\text { Dr Paid up capital } & \$ 4000 & \\\text { Dr Call no. } 1 & \$ 1000 & \\\text { Cr Paid-up capital-forfeited shares } & \$ 5000\end{array}$

D)
$\begin{array}{llcc} \text {Cr Call no. 1 } & \$1000 \\ \text { Cr Paid-up capital-forfeited shares } && \$1000\\\end{array}$