When shares are forfeited, certain accounts are affected in specific ways.
For (A) Share Capital Account, it is debited with the amount called up but not received, so it matches with (IV).
For (B) Share Forfeited Account, it is credited with the amount received towards share capital, so it matches with (III).
For (C) Calls-in-arrears Account, it is credited with the amount not received, matching with (II).
For (D) Securities Premium Account, it is debited with the amount called up, matching with (I).
Thus, the correct matches are:
(A) - (IV), (B) - (III), (C) - (II), (D) - (I).
This corresponds to option 2.