Question

investment in sinking fund by non profit organization is an​

Answer 1

Explanation:

Investment is considered as an asset because it is that amount which will benefit the company in future.

Answer 2

Investment in sinking fund by non profit organization is an​ asset.

• Investment represent the amount invested by a corporation in resources other than the purchase of raw materials.
• It is regarded as an asset as it is that amount that will benefit the corporation in the possible future.
• The fund is referred to as an active account usually consisting of the required reserve held apart to resolve an unpaid loan or particular bond. An investment in a sinking fund is thus considered an asset.