Accountancy, asked by dekapradyoumna, 5 months ago

what is sinking fund​

Answers

Answered by sakshisinha6f
1

Answer:

A sinking fund is an account containing money set aside to pay off a debt or bond.

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Answered by ayushbag03
7

Explanation:

A sinking fund is an account containing money set aside to pay off a debt or bond. Sinking funds may help pay off the debt at maturity or assist in buying back bonds on the open market.

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