Arrange the following related to issue of shares in the correct sequence:

(A) Allotment of Shares

(B) Issue of Prospectus

(C) Receipt of Applications

(D) Remaining amount of shares on call (if any)

Choose the correct answer from the options given below:

(B), (C), (A), (D)

Correct answer: Option (2) → (B), (C), (A), (D)

Concept: Steps in the procedure for issue of shares to the public, per Accounting for Share Capital.

(B) Issue of prospectus → (C) receipt of applications along with application money → (A) allotment of shares → (D) calling up the remaining amount on allotment and calls. Hence B, C, A, D.