Anu Ltd. furnishes you with the following balance sheet as at 31st March, 2008: (Rs, in croros) Sources of Funds Share Capital: Authorised 100 Issued: 75 12% redeemable preference shares of Rs.100 each fully paid 25 100 Equity shares of Rs.10 each fully paid Reserves and surplus: 15 Capital reserve 25 Securities Premium 260 20 Revenue reserves 400 Application of Funds 100 Fixed assets: cost (100 N Provision for depreciation Less: 100 Investments at cost (Market value Rs.400 Cr.) 340 Current assets Less: Current liabilities The company redeemed preference shares on 1st April, 2008. It also bought back 50 lakh equity shares of Rs.10 each at Rs.50 per share. The payments for the above were made out of the huge bank balances, which appeared as a part of current assets. You are asked to: Pass journal entries to record the above. (0)