(a): Journal Entries:
\begin{center}
\renewcommand{\arraystretch}{1.5}
\begin{tabular}{|p{10cm}|r|r|}
\hline
Particulars & Dr Amount (₹) & Cr Amount (₹)
\hline
Bank A/c (2,000 × ₹ 550) & 11,00,000 & --
To 7\% Debentures A/c (2,000 × ₹ 500) & -- & 10,00,000
To Securities Premium A/c (2,000 × ₹ 50) & -- & 1,00,000
(For issuing 2,000, 7\% Debentures at a premium of 10%) & &
\hline
Loss on Issue of Debentures A/c & 2,00,000 & --
To Premium on Redemption of Debentures A/c (2,000 × ₹ 50) & -- & 1,00,000
To Securities Premium A/c (Utilised) & -- & 1,00,000
(For recording and partly writing off the loss on issue of debentures using Securities Premium Account) & &
\hline
\end{tabular}
\end{center}