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Question

Sort the questions in the order of occurrence of an event relating to debentures.

A
Application
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B
Allotment
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C
Calls
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D
Redemption
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Solution

The events relating to debentures occur in the following order:
  1. Application money is received
  2. Allotment money is collected
  3. All the calls money are received
  4. Finally, redemption is made after the end of life of debentures

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