Govind Ltd., issued a prospectus inviting application, Rs. 5 on allotment (including premium), Rs. 2 on First call, and Rs. 2 on Final call. Applications were received for 27,000 shares. Directors allotted the shares as follows :
`{:("To applicants of 16,000 shares",.................,"full allotment"),("To applicants of 6,000 shares",.................,"4,000 shares"),("To applicants of 5,000 shares",.................,"Nil"):}`
Give entries in the Cash Book and Journal, assuming that all sums due on allotment and calls have been received.

Explanation

Cash at Bank Rs. 2,60,000 .