Accountancy, asked by shubhamsamrat383, 5 months ago

sinking fund investment is​

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Answered by Anonymous
99

Answer:

A sinking fund is a fund containing money set aside or saved to pay off a debt or bond. A company that issues debt will need to pay that debt off in the future, and the sinking fund helps to soften the hardship of a large outlay of revenue.

Answered by Anonymous
1

Answer:

a sinking fund is a fund containing money set aside or saved to play off a debt or bond. A company that issues dept will need to pay that dept off in the future, and the sinking fund helps to often the hardship of a large quality of revenue.

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