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XYZ Ltd. Issued 1,00,000, 9% Debentures ...

XYZ Ltd. Issued 1,00,000, `9%` Debentures of Rs. 50 each at a premium of `10%` on 30th June, 2017 redeemable on 31st March, 2019. The issue was subscribed. The company decided to transfer amount to DRR on 31st March, 2018 and invest in Fixed Deposit earning interest @ `10%` p.a. on 1st April, 2018 to meet the legal requirement. Tax was deducted at source (TDS) by bank @ `10%`
Pass Journal entries for issue and redemption along with interest on investment.

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TS GREWAL-COMPANY ACCOUNTS REDEMPTION OF DEBENTURES-EXERCISE
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  9. On 31 st March, 2003, G Ltd. Had Rs. 8,00,000 9% Debentures due for re...

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  10. {:("On 31 st March, 2018, W Ltd. had the following balances in its boo...

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  14. Godrej Ltd. has 20,000, 7% Debentures of Rs. 100 each due for redempt...

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  15. Apolio Ltd. Issued 21,000, 8% Debentures of Rs. 100 each on 1st April,...

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  16. On 1st April, 2016, following were the balances of Blue Bird Ltd. : ...

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  17. Mahima Ltd. Issued Rs. 38,00,000, 9% Debentures of Rs. 100 each on 1s...

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  18. On 1st April, 2013 the following balances appeared in books of Blue an...

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  19. Rich Sugar Ltd. Issued Rs. 20 Lakh, 8% Debentures divided into debentu...

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  20. Hp Ltd. has 1,00,000, 8% Debentures of Rs. 50 each due for redemption ...

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