Kamal Ltd., was formed for the purpose of purchasing Rajesh Ltd. and was registered with a nominal capital of Rs. 2,00,000 divided into 2,000 equity shares of Rs. 100 each. 1,000 shares were issued as fully paid to the vendors in payment of the purchase consideration. The remaining 1,000 shares were offered for public subscription at a premium of Rs. 5 per share payable as under : On Application Rs. 30 per Share, On Allotment Rs. 25 per Share (including premium), On First Call Rs. 20 per Share and on Final Call Rs. 30 per share. Applications were received for 900 shares which were duly allotted, and the allotment money was duly received. At the time of the first call, a shareholder who held 100 shares failed to pay the first call money and his shares were forfeited. These shares were re-issued at Ra. 60 per share, Rs. 70 per share paid. Final call has not been made. You are required to (i) give necessary journal entries to record the above transactions, and (ii) show how share capital would appear in the Balance Sheet of the Company.