Ridyum Limited issued $\displaystyle 5,000$, $\displaystyle 9$% debentures of ₹ $\displaystyle 500$ each at a premium of $\displaystyle 10$%. The amount was payable as fellows : On Application - ₹ $\displaystyle 200$ per debenture On Allotment - Balance (including premium) The debentures were fully subscribed and all amounts were duly received. Pass the necessary journal entries for issue of debentures in the books of Ridyum Limited.

Books of Ridyum Ltd. Journal Date Particulars L.F. Dr. Cr. Amount Amount (₹) (₹) Bank A/c Dr. $\displaystyle 10,00,000$ To Debenture Application A/c $\displaystyle 10,00,000$ (Debenture application money received) Debenture Application A/c Dr. $\displaystyle 10,00,000$ To $\displaystyle 9$% Debentures A/c $\displaystyle 10,00,000$ (Debenture application money transferred to debentures account) Debenture Allotment A/c Dr. $\displaystyle 17,50,000$ To $\displaystyle 9$% Debentures A/c $\displaystyle 15,00,000$ To Securities Premium A/c $\displaystyle 2,50,000$ (Debenture allotment money due) Bank A/c Dr. $\displaystyle 17,50,000$ To Debenture Allotment A/c $\displaystyle 17,50,000$ (Debenture allotment money received) ..