Paras Ltd. issued 40000, 11% debentures of 100 rupees each on 1st April 2015. Half
of the debentures were due for redemption on 31st March 2019. The company decided
to transfer the minimum required amount to Debenture Redemption Reserve on 31st
March, 2018 and invested the necessary amount in debenture Redemption Investments
on 30th April, 2018. Pass the necessary journal entries for Redemption of Debentures.