Buttercup Ltd. issued 50,000 Equity Shares of ₹ 10 each for subscription payable ₹ 3 on application ₹ 3 on allotment and balance on first and final call

Buttercup Ltd. issued 50,000 Equity Shares of ₹ 10 each for subscription payable ₹ 3 on application ₹ 3 on allotment and balance on first and final call.

All the shares were applied for and allotted. Amrit to whom 5,000 shares were allotted, did not pay the first and final call.

Pass entries in the Cash Book and Journal . Also, prepare Calls-in-Arrears Account and show Share Capital in the Balance Sheet of the company.