J.K. Ltd invited application to issue 3,000 12% redeemable debentures of face value ₹100 each at par. The amount to be paid are ₹ 60 at the time of application, ₹30 on allotment, ₹10 per debenture on first and final call. The company received the application for 5,000 debentures, applicants for 5,00 debentures were refused the allotment and remaining applicants were given pro-rata allotment. The excess application money of the successful applicants was adjusted against the allotment money and in the subsequent calls. One debenture holder holding 20 debentures paid only the application money. Rest of the debenture holders paid the due amount in time. Show necessary journal entries in the journal.