On 31 st March, 2003, G Ltd. Had Rs. 8,00,000 `9%` Debentures due for redemption. The company had a balance of Rs. 1,40,000 in its Debentures Redemption Reserve. Pass necessary Journal entries entries for redemption of debentures.

Venus Ltd. had 9,000, 9% Debentures of Rs. 100 each due for redemption. These debentures are to be redeemed in 3 equal instalments (starting form 31st March, 2015) at a premium of 10% . The company had a balance of Rs. 25,000 in the Debentures Redemption Reserve. Pass necessary entries for redemption of debentures assuming that company transfer the balance of DRR to General Reserve after redeeming all the debentures.

X Ltd. Has 40,000, 9% Debentures of Rs. 100 each outstanding as on 31st March, 2018. These debentures are due for redemption on 31st March, 2019. Debentures Redemption Reserve has a balance of Rs. 5,00,000 on 31st March, 2018. Pass Journal entries at the time of redemption of debentures.

Mansi Ltd. had 6,000, 10% Debentures of Rs. 100 each due for redemption on 31st March, 2019. assuming that the debentures were redeemed out of profits, pass necessary Journal entries for redemption of debentures. There was a credit balance of Rs. 6,00,000 in surplus, i.e., Balance in statement of profit and loss.