Tell us something about Sinking Fund.
Answers were Sorted based on User's Feedback
Answer / shyam manoj kumar
Sinking fund is a fund which is set aside some amount from
every years profit for acquring new asset
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / javeed
sinking fund is a fund which is kept apart from every years
profit for buying of assets in future.
| Is This Answer Correct ? | 6 Yes | 0 No |
Tangible & Intangible Assets? Is goodwill a Tangible or Intangible Asset? Goodwill is an intangible asset.
What is Debt and What is Equity?
what are the types of leasing and their accounting entries?
EXPAND___________MIS
what is sales life cycle???
what is oppurtunity cost
who invented acounts?
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
Under which headings the following transaction appear in bank reconciliation as on 30.06.03 particulars Interest debited by bank Chq issued to suppliers not appearing in bank statement Chq deposited not appearing in bank statement Income not accounted in books appearing in bank statement
where do you consider salary in an income statement? whether it is to be taken before gross profit or after net profit? answer with reasons.
what is exact entry for cash receipts and cash payments? did sales n purchases invoices are issued to this receipts n payments?
someone wants to transfer money from their accont to mine that was lift to them by their father who is now dead