Blue Star company issued 50,000 shares of ₹10 each payable as under:

The public applied for 90000 shares. The allotment was made as follows on 1st August 2015. 

The 1st call was made on 1st Nov 2015 and the final call on 1^st February 2016. According to the terms of issue the surplus application money could be kept by the company against the money due on allotment and against subsequent calls. One shareholder to whom 5,000 shares were allotted paid on allotment the full amount due on shares. 

The interest at 5% p.a on Calls-in-Advance was paid on 1^st February 2016. Give cash book and journal entries in the books of the company, assuming that all moneys were duly received. Also prepare Calls-in-Advance A/c.

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2 on application *2.50 on allotment 3.00 on 1st call 2.50 on final call