Pass necessary journal entries for the issue of Debentures in the following cases:
(a) Rs. 40,000; 15% Debentures of Rs. 100 each issued at a discount of 10% redeemable at par.
(b) Rs. 80,000; 15% Debentures of Rs. 100 each issued at a premium of 10% redeemable at a premium of 10%.
