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(Redemption of Debentures in case of Ban...

(Redemption of Debentures in case of Banking Company).
Bank of India Ltd. Has outstanding 1,00,000, `10%` Debentures of Rs. 10 each issued in 2015 due for redemption 30th June, 2019. How much amount of Debentures Redemption Reserve should be created before the redemption of debentures begins and also how much amount should it invest in specified securities ?
Pass Journal entries at the time of redemption of debentures.

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JOURNAL OF BANK OF INDIA LTD.
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TS GREWAL-COMPANY ACCOUNTS REDEMPTION OF DEBENTURES-EXERCISE
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