Explanation of Accounting entry needed

Six lakhs minus the Application money.

Please elaborate 

The bank balance should show fifteen lakhs if shares were allotted at premium in application money that is four plus two rupee. It will be like share issued at 10 and it’s fifteen lakhs. Bank holds the same money after returning rejected application money at six rupee and 22 thousand shares at four. I’m not able to type numbers here.

Some entries are missing here. That’s why it’s confusing, the first three entries showing 

application money received at premium 4+2 ₹ for whole 180000 shares

then that money is adjusted to capital and premium for 150000 shares

next a refund was given for rejected 8000 applications.

then in the last entry, they received allotment money and refunded application money at six rupee and not four rupee. They should have done this In the third entry rather than to confuse me in the exam

Application rejected a/c 48,000

Applications refunded  a/c 132000

To bank a/c 180000