Manish Ltd. Issued Rs. 40,00,000, `8%` Debentures of Rs. 100 each on 1st April, 2017. The terms of issue started that the debentures are to be redeemed at a premium of `5%` on 30th June, 2019. The company decided to transfer Rs. 10,00,000 out of profits to Debentures Redemption Reserve on 31st March, 2018 and Rs. 10,00,000 on 31st March, 2019.
Pass Journal entries regarding the issue and redemption of debentures, DRR and Investment without providing for the interest or loss on issue of debentures.

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

Grand Hotel Ltd. had 10,000, 12% Debentures of Rs. 100each outstanding as at 31st March, 2018. These debentures were due for redemption on 30th June, 2019. The company decided to transfer Rs. 5,00,000 to Debentures Redemption on 30th june,2019. The company decided to transfer Rs. 5.00,000 to Debentures Redemption Reserve on 31st March, 2019 and invest in fixed deposits with Canara Bank Rs. 1,50,000 on 1st April, 2019. Pass Journal entries for Debentures Redemption Reserve, Debentures Redemption Investment and redemption of debentures.

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.