Debentures

Annual Instalment 200000 * 0.320348 = Rs. 64070/-

01.04.2005

Bank A/c Dr. 200000

To 12% Debentures A/c 200000

P & L Appropriation A/c Dr. 64070

To Sinking fund Reserve A/c 64070

Sinking Fund Investment A/c Dr. 64070

To Bank A/c 64070

01.04.2006

Bank A/c Dr. 2563

To Interest on sinking fund investment a/c 2563

Int. on SFI A/c Dr. 2563

To Sinking Fund Reserver A/c 2563

P & L Appropriation A/c Dr. 64070

To Sinking fund Reserve A/c 64070

Sinking Fund Investment A/c Dr. 64070 + 2563

To Bank A/c 64070 + 2563

01.04.2007

Bank A/c Dr. 2665

To Interest on sinking fund investment a/c 2665

Int. on SFI A/c Dr. 2665

To Sinking Fund Reserve A/c 2665

P & L Appropriation A/c Dr. 64070

To Sinking fund Reserve A/c 64070

Sinking Fund Investment A/c Dr. 64070 + 2563 + 2665

To Bank A/c 64070 + 2563 + 2665

31.03.2008

Interest on sinking fund investments a/c Dr. 2772

To Sinking Fund Reserve A/c 2772

Bank A/c Dr. 200210

To Sinking Fund Investments A/c 200210

Sinking Fund Investments A/c 210

To Sinking Fund Reserve A/c 210

Sinking Fund Reserve A/c 200210

To General Reserve A/c 200210