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