Accountancy, asked by Islamkhan511, 2 months ago

sinking fund account always shows which balance​

Answers

Answered by maheymansi2
0

Answer:

sinking fund investment account always shows a _balance

Answered by vinod04jangid
0

Answer:

Sinking fund accounts sometimes shows debit balance and sometimes credit balance. ​

Explanation:

A sinking fund is a great way to save money by setting aside a small amount each month. Immersion funds work as follows: Every month, you will set aside money in one or more categories for later use. With a sink bag, you save a small amount of money every month for a while before you spend it.

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