Accountancy, asked by swatisinghrajput0725, 1 day ago

sinking fund investment account always shown
a) debit balance
b) credit balance
c) Liabilities
d) none of these

Answers

Answered by abhinavkrishan777

2

Answer:

option C is write answers

Answered by AryansiRatha

2

Answer:

the interest is always calculated on the face value of securities. ADVERTISEMENTS: Until the debentures are paid off, the sinking fund appears in the liabilities side and the sinking fund investment on the assets side of the balance sheet. ... Profit or loss on sale of investments is transferred to sinking fund.

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