Satish Ltd. issued 8% Debentures Rs 6,00,000 as follows :
(i) 8% Debentures of Rs 3,00,000 at 25% premium for cash,
(ii) A computer of Rs 1,25,000 purchased from Amar Ltd., for the consideration of it, issued 8% debentures with a nominal value of Rs 1,50,000.
(iii) Taken a loan of Rs 1,00,000 from bank deposited to the bank, 8% Debentures of Rs 1,50,000 as collateral security.
Give journal entries in the books of Satish Ltd. and prepare Balance Sheet.