Accountancy, asked by aryan332525, 1 month ago

treatment of decreasing sinking fund in cash flow​

Answers

Answered by bijo7979
1

Explanation:

A sinking fund should be stored in a savings account, ideally earning an interest rate between 1.5 and 2%. Because many sinking funds have a long time frame, it's best to earn as much interest as possible. Check the interest rate before opening a savings account.

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