(a) X Co.Ltd. issued 4,000 shares of Rs. 10 each at a premium of Rs.2 per share. The amount was payable as under; On application On allotment On first call On second call Rs. 3 per share Rs. 4 per share (including premium) Rs. 3 per share Rs. 2 per share The company received applications for 5,000 shares and the allotment was made as under: (i) Applicants for 200 shares (ii) Applicants for 800 shares (iii) Applicants for 4,000 shares Nil Full 3,200 shares All moneys were duly received except the first call on 200 shares and final call on 300 shares. Pass journal entries and prepare balance sheet of the company.