In illustration 1 u didn't make entry in other current liabilities for interest on debentures.... But in 2nd illustration u made entry for that in other current liabilities....?
In the 1st illustration we interest on debentures given in the trial balance directly and so we have taken it as finance cost under statement of P&l. In the 2nd illustration interest on debenture is not given directly and as the debentures are given 6% interest rate we have assumed it to be opening balance of debentures and calculated interest payable. Interest payable is outstanding and hence it is appearing under other current liabilities in the balance sheet