Jay Pee Ltd invited application to issue 10,000 equity shares of face value ₹10 each at par. The amount to be paid as to ₹3 at the time of application, ₹2 on allotment, and the remaining amount on first and final call. The company received the application for 12,000 shares, applicants for 2,000 shares were refused the allotment and their application money was refunded. All the amounts due were received except one shareholder who was allotted 200 shares who failed to pay the allotment money and money due on the first and final call. Show necessary journal entries in the journal.