X Ltd. made an issue of 10,000 12% Debentures of Rs. 100 every, payable as takes after: 

Rs. 25 on Application 

Rs. 25 on Allotment 

Rs. 50 on First and Final Call. 

Applications were gotten for 12,000 debentures and the executives distributed 10,000 debentures dismissing applications for 2,000 debentures. The cash got on applications for 2,000 debentures rejected was properly discounted. The calls were made and the funds were appropriately gotten. 

Demonstrate the vital money book and diary passages to record the above exchanges and set up the offset sheet of the organization.