Prospectus Ltd. issued ₹10,00,000, 6% Debentures stock at par on 1.1.2007. Interest was payable on June 30 and December 31, in each year. Under the terms of the Debenture Trust the owned stock is redeemable at par. The trust deed obliges the company to pay to the trustees on December 31, 2014, and annually thereafter the sum of ₹1,00,000 to be utilised for the redemption and cancellation of an equivalent amount of stock, which is to be selected by drawing lots. Alternatively, the company is empowered as from January 1, 2014 to purchase its own debentures in the open market. These debentures must be surrendered to the trustees for cancellation and any adjustments for accrued interest recorded in the books of account. If in any year the nominal amount of the stock surrendered under this alternative does not amount to ₹1,00,000 then the shortfall is to be paid by the company to the trustees in cash on December 31. The following purchases of stock were made by the company: Nominal value of stock purchased: September 30, 2014 ₹1,20,000; May 31, 2015 ~ 75,000; and July 31, 2016 ₹1,15,000. Purchase price per ₹100 of stock: September 30, 2014 ₹98; May 31, 2015 ₹95 (ex-interest); and July 31, 2016 ₹92. The company fulfilled all its obligations under the trust deed. Prepare the following Ledger Accounts:

(a) Debentures Stock Account;

(b) Debentures Redemption Account; and

(c) Debenture Interest Account.