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.