A company maintains 'Calls in Arrears' Account. What entry will it be passed on receiving first call money provided whole amount due in it is not received?

Bank A/c                  Dr.
Calls in Arrears A/c   Dr.
         To Share First Call A/c

The correct answer is Option (1) → 

Bank A/c                    Dr.
Calls in Arrears A/c   Dr.
         To Share First Call A/c.

The correct journal entry on receiving part of the first call money (i.e., when the full amount is not received) and the company maintains a 'Calls in Arrears' account, is-
Bank A/c                  Dr.
Calls in Arrears A/c   Dr.
         To Share First Call A/c

• Share First Call A/c is credited with the total amount due.
• Bank A/c is debited with the amount actually received.
• The balance (unpaid amount) is debited to Calls in Arrears A/c, representing the arrears.

For example- First Call = ₹5 per share on 1,000 shares → ₹5,000 due and If ₹4,000 is received, the journal entry will be-

Bank A/c Dr.                   ₹4,000
Calls in Arrears A/c Dr.    ₹1,000
      To Share First Call A/c         ₹5,000