Vayee Ltd. purchased the following assets of E.X. Ltd.:

Land and Building of Rs.  60,00,000 at Rs.  84,00,000; Plant and Machinery of Rs.  40,00,000 at Rs.  36,00,000.

The purchase consideration was Rs.  1,10,00,000. Payment was made by accepting a Bill of Exchange in favour of E.X. Ltd. of Rs.  20,00,000 and remaining by issue of 8% debentures of Rs.  100 each at a premium of 20%.

Record the necessary journal entries for the above transactions in the books of Vayee Ltd.

Marks-3/6, CBSE:2019-20/Main/01/Q-20*