The following information relates to Grigg plc:

1 On 1 April 19 X8 the company had \(£ 100,00010\) per cent debentures in issue. The interest on these debentures is paid on 30 September and 31 March.

2 The debenture redemption fund balance (relating to the redemption of these debentures) at 1 April 19 X 8 was \(£ 20,000\). This fund is being built up by annual appropriations of \(£ 2,000\). The annual appropriation (along with any dividends or interest on the investments) is invested on 31 March.

3 Debenture redemption fund investments can be realised at any time in' order to purchase debentures in the open market either at or below par value. Such debentures are then cancelled.

4 On 31 December \(19 \mathrm{X} 8 £ 10,000\) of investments were sold for \(£ 11,400\), and the proceeds were used to purchase debentures with a par value of \(£ 12,000\).

5 Dividends and interest on redemption fund investments during the year to 31 March 19X9 amounted to \(£ 1,600\).

6 The cost of dealing with the above matters and any taxation effects may be ignored.

Required Write up the following ledger accounts for the year to 31 March 19X9:

(a) 10 per cent debentures;

(b) debenture redemption fund;

(c) debenture redemption fund investments;

(d) debenture redemption; and

(e) debenture interest.