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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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