Rajesh Ltd. invited applications for issuing 30,000 equity shares of Rs 10 each at a premium of Rs 30 per share. The amount was payable as follows:
On application Rs 10 per share (including Rs 8 premium); on allotment Rs 12 per share (including ? 9 premium); on first and final call-balance : Applications for 28,000 shares were received. All the calls were made and were duly received except on 3,000 shares held by Hari, who failed to pay allotment and first and final call money and on 2,000 shares held by Om who did not pay the first and final call. Give necessary journal entries in the books of Rajesh Ltd. and show the times in the balance sheet