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Following balances appeared in the books of JKJ Ltd.: (a) Sinking fund account ₹ 62,500 (b) Sinking fund investment account ₹ 60,000( 10% Govt, securities, nominal value ₹ 56,250) (c) 12% Debenture account ₹ 1,25,000.The company sold ₹ 37,500 Govt, securities at 110% and redeemed part of the debentures at a premium of 10%. The closing balance of Sinking Fund A/c will be

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Following balances appeared in the books of JKJ Ltd.:<br /> (a) Sinking fund account ₹ 62,500<br /> (b) Sinking fund investment account ₹ 60,000( 10% Govt, securities, nominal value ₹ 56,250)<br /> (c) 12% Debenture account ₹ 1,25,000.<br />The company sold ₹ 37,500 Govt, securities at 110% and redeemed part of the debentures at a premium of 10%. The closing balance of Sinking Fund A/c will be






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