Ajanta Ltd. purchased machinery worth ₹36,00,000 from Sujata Ltd. Ajanta Ltd. paid half the amount to Sujata Ltd. through a bank draft and the balance by issuing 8% debentures of ₹100 each at a discount of 10%. Pass the necessary journal entries in the books of Ajanta Ltd. for the above transactions.

Marks-3, CBSE: 2024-25/Zone-2/Set-1/Q-19(b)