Rich Sugar Ltd. Issued Rs. 20 Lakh, `8%` Debentures divided into debentures of Rs. 100 each on 1st April, 2013, redeemable in four equal annual instalments starting from 31st March, 2016. The company decided to transfer to Debentures Redemption Reserve Rs. 2,50,000 each year on 31st March, 2014 and 2015.
The company invested Rs. 3,00,000 in Government securities as required by the Companies Act, 2013.
Pass necessary Journal entries for the above transactions.

ABC Ltd. Issued 2,000, 10% Debentures of Rs. 1,000 each at par on 1st April, 2016 redeemable in equal annual drawings by draw of lots in 2 years on 31st March, 2018 and 31st March, 2019. The company decided to transfer to Debentures Redemptions Reserve amount as prescibed in law on 31st March, 2017. Investment was made in specified securities on 1st April, 2017 and 2018 respectively. Pass Journal entries for DRR and redemption of debentures assuming the investment was realised each time the debentures were redeemed. (Ignore Interest)

Apolio Ltd. Issued 21,000, 8% Debentures of Rs. 100 each on 1st April, 2013 redeemable at a premium of 8% on 30th June, 2019. The company decided to transfer the required amount to Debentures Redemption of Reserve in three equal annual instalments sterting with 31st March, 2017. Required investment was made in Government Securities on 30th April, 2019. Ignore interest on debentures and also investment. Pass necessary Journal entries reqarding isssue, transfer to DRR, investment, and redemption of debentures.

Hp Ltd. has 1,00,000, 8% Debentures of Rs. 50 each due for redemption in five equal annual instalments starting from 30th June, 2015. Debentures Redemption Reserve has a balance of Rs. 5,00,000 on that date. Pass Journal entries.

Manish Ltd. Issued Rs. 38,00,000 8% Debentures of Rs. 100 each on 1st April, 2017 terms of issue stated that debentures were to be redeemed at premium of 5% on 30th June, 2019. The Company decided to transfer out of profits Rs. 5,00,000 to Debentures Redemption Reserve on 31st March, 2018 and Rs. 4,50,000 on 31st March. 2019. Investment at the rate specified in law was made in fixed deposit of a bank on 1st April, 2019. Pass necessary Journal entries regarding the issue and redemption of debentures, without providing for either the interest or loss on issue of debentures. Also ignore interest on fixed deposit.

Mahima Ltd. Issued Rs. 38,00,000, 9% Debentures of Rs. 100 each on 1st April, 2013. The debentures were redeemable at a premium of 5% on 30th June 2015. The company transferred an amount of Rs. 9,50,000 to Debentures Redemption Reserve on 31st March, 2015. Investments as required by law were made in fixed deposit of a bank on 1st April, 2015. Ignoring interest on fixed deposit, pass necessary Journal entries starting form 31st March, 2015 regarding

Casco Infrastructure Ltd. Issued 21,000, 7% Debentures of Rs. 100 each on 1st January, 2013 redeemable at a premium of 8% on 30th June, 2018. The Company decided to transfer the required amount to Debentures Redemption Reserve in three equal annual instalment starting from 31st March, 2016. The company invested the funds as required by law in fixed deposit in a bank on 1st April, 2018 earning interest @ 10% p.a. Tax was deducted on interest earned @ 10% by the bank. Pass Journal entries for issue and redemption of debentures, ignoring on debentures.

XYZ Ltd. Issued 1,500, 12% Debentures of Rs. 100 each at par on 1st April, 2015 redeemable at 6% premium in three equal yearly instalments by draw of lots, the first redemption being on 31 st March, 2017. The company complied with the lengal requirements with respect to Debentures Redemption Reserve and investment (made in Government Securities on 1st April, 2016). The company decided to transfer proportionate amount from DRR to General Reserve on each redemption and realise investment (DRI) at the time of last redemption. Pass Journal entries for Issue of Debentures till their redemption. Ignore interest paid and received.