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The following balances appeared in the books of A.Ltd. on January 01, 2004

Items Rs.
12% Debentures 4,00,000
Debentures Redemption fund 3,60,000
Debentures Redemption fund investment 3,60,000
Securities premium 30,000
Bank Balance 1,00,000

On January 01, 2004, the company redeemed all the debentures at 105 per cent out of funds raised by selling all the investments at Rs.3,48,000. Prepare the necessary ledger accounts.

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Loss-12000rs. ?????

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