Tell us something about Sinking Fund.
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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 |
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Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
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