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Standard XII
Accountancy
Redemption of Debentures
Sort the ques...
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:
Application money is received
Allotment money is collected
All the calls money are received
Finally, redemption is made after the end of life of debentures
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