Beta Ltd. has following balances as on 1 st April, 2015: ₹ 15% Debentures 8,00,000 Sinking fund (represented by 10% bonds, face value: ₹7,20,000) 6,00,000 Bank balance 3,28,000 Other information Annual contribution to si

15% Debenture A/c Date Particulars Amount (₹) Date Particulars Amount (₹) 31/3/16 To Deb. Holders A/c 8,00,000 1/4/15 By Balance b/d 8,00,000 8,00,000 8,00,000 Sinking Fund A/c Date Particulars Amount (₹) Date Particulars Amount (₹) 31/3/16 To 10% bond (loss) 24,000 1/4/15 By Balance b/d 6,00,000 To General Reserve (Balancing fig.) 7,76,000 31/3/16 By Profit & Loss 1,28,000 31/3/16 By Bank (Interest on SF investment) 72,000 8,00,000 8,00,000 Sinking Fund Investment A/c Date Particulars Amount (₹) Date Particulars Amount (₹) 1/4/15 To Balance b/d 6,00,000 31/3/16 By Bank 5,76,000 31/3/16 By Sinking Fund 24,000 6,00,000 6,00,000 Bank A/c Date Particulars Amount (₹) Date Particulars Amount (₹) 1/4/15 To Balance b/d 3,28,000 31/3/16 By Debenture holders 8,80,000 31/3/16 To sinking Fund (Int.) 72,000 31/3/15 By Balance c/d 96,000 31/3/16 To 10% Bond 5,76,000 9,76,000 9,76,000 Premium on Redemption of Debenture A/c Date Particulars Amount (₹) Date Particulars Amount (₹) 31/3/16 To Debenture Holders 80,000 31/3/16 By General Reserve 80,000 Debenture holders A/c Date Particulars Amount (₹) Date Particulars Amount (₹) 31/3/16 To Bank 8,80,000 31/3/16 By 15% Debentures 8,00,000 31/3/16 By Premium on redemption 80,000