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(Issue of Shares at Premium, Fully Subs...

(Issue of Shares at Premium, Fully Subscribed, Amount Payable in Instalments).
Fine Craft Ltd. issued 50,000 Equity Shares of Rs. 10 each at a premium of Rs. 2 per share payable as follows:
Rs. 3 on application, Rs. 6 on allotment, and Rs. 3 on first and final call.
All the shares were applied for and duly allotted. Pass necessary Journal entries.

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Note: As the question is silent regarding payment of premium amount, it is assumed that the amount of Securities Premium is due along with the Allotment money.
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