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A company issues the following debentures: 10,000 2% debentures of Rs. 100 each at par but redeemable at premium of 5% after 5 years; 10,000,12% debentures of Rs. 100 each at a discount of 10% but redeemable at par after 5 years; 5,000,12% debentures of Rs. 1000 each at a premium of 5% but redeemable at par after 5 years; 1,000, 12% debentures of Rs. 100 each issued to a supplier of machinery costing Rs. 95,000. The debentures are repayable after 5 years; and. 300, 12% debentures of Rs 100 each as a collateral security to a bank which has advanced a loan of Rs 25,000 to the company for a period of 5 years Pass the journal entries to record the: (a) issue of debentures; and (H) repayment of debentures after the given period. In the books of Journal

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(a) Issue of Debentures

(b) Repayment of Debentures

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