Newbie Ltd. issued 8,000 Equity Shares of ₹ 100 each. ₹ 50 per share was called, payable ₹ 20 on application, ₹ 10 on allotment, ₹ 10 on the first call and ₹ 10 on the second call

Newbie Ltd. issued 8,000 Equity Shares of ₹ 100 each. ₹ 50 per share was called, payable ₹ 20 on application, ₹ 10 on allotment, ₹ 10 on the first call and ₹ 10 on the second call. All the shares were subscribed and monies were duly received with the following exceptions:

Anil, who holds 250 shares paid nothing after the application.

Basu, who holds 500 shares paid nothing after the allotment.

Chatterjee, who holds 1,250 shares paid nothing after the first call.

Prepare Journal and show how ‘Share Capital’ will be shown in the Balance Sheet.