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A balanced fund invests in a mix of debt and equity. most balanced funds available in the market keep a minimum of 65% in equity. This qualifies them as an equity oriented fund and the are eligible for tax
benefits on long term capital gains.
Balanced funds aim to derive growth from equity component and stability from debt component. they can dynamically shift from one asset class to another as the markets change course - which is difficult for the
individual to do with a combination of an equity and an income fund.HDFC Prudence and SBI Magnum Balanced fund are good performing funds in this class.
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Does a credit card balance in the fund balance account at the end of the year mean the fund has sufficient cash to pay its liabilities in a timely manner?
No. A credit balance in the fund balance accounts does not mean there is sufficient cash to pay liabilities in a timely manner. The assets are likely to include taxes receivable, and it is possible that the reported liabilities will exceed the cash balance
What is the excess of assets over liabilities called?
Fund balance
What does balanced fund offers?
A balanced fund offers the combination of a stock component, bond component and sometimes a money market component. These things combined balance out the portfolio.
What is fund flow statement and their uses?
Uses Of Fund Flow Statement1. The users of fund flow statement, such as investors, creditors, bankers, government, etc., can understand the managerial decisions regarding dividend distribution, utilization of funds and earning capacity with the help of fund flow statement. 2. The quantum of working capital is revealed by the schedule of working capital changes, which is a part of fund flow statement.3. The fund flow statement is the best and first source for judging the repaying capacity of an enterprise.4. The management will be able to detect surplus/shortage of fund balance.5. The fund from operation is not mentioned in the profit and loss account and balance sheet but it is separately calculated for the purpose of fund flow statement.
If a mutual fund loses 30 percent what percentage gain is needed to brake even?
42.85% of the new balance
3 Upon closing the books at year-end a government should a. Debit fund balance and credit reserve for encumbrances c. Debit fund balance and credit encumbrances.?
Debit fund balance and credit encumrances because the reserve for encumbrances need not be closed because it is a balance sheet account.
Does a credit card balance in the fund balance account at the end of the year mean the fund has sufficient cash to pay its liabilities in a timely manner?
No. A credit balance in the fund balance accounts does not mean there is sufficient cash to pay liabilities in a timely manner. The assets are likely to include taxes receivable, and it is possible that the reported liabilities will exceed the cash balance
Where does sundry debtor appear in the trial balance?
Where does trustee Fund appear in trial balance
What has the author Terry W Johnson written?
Terry W. Johnson has written: 'Fiscal 1994 general fund and school equalization account fund balance information' -- subject(s): Tax collection 'Fiscal 1991 general fund and state equalization account balance fund balance' -- subject(s): Tax revenue estimating, Estimates, Budget
What is excess of assets over liabilities called?
Fund balance
Is general fund falls under income and expenditure or balance sheet?
no
What is the excess of assets over liabilities called?
Fund balance
Does the balance of the petty cash account increase when the petty cash fund is replenished?
No.
How would Sinking fund cash would be classified on the balance sheet?
marketable securities
Where does bond sinking fund go on balance sheet?
A bond sinking fund is reported in the section of the balance sheet immediately after the current assets. The bond sinking fund is part of the long-term asset section that usually has the heading "Investments." The bond sinking fund is a long-term (noncurrent) asset even if the fund contains only cash. The reason is the cash in the fund must be used to retire bonds, which are long-term liabilities. In other words, because the money in the bond sinking fund cannot be used to pay current liabilities, it must be reported outside of the working capital section of the balance sheet. (Working capital is current assets minus current liabilities.)
What accounting problems arise if an internal service fund is operating at a loss?
If the internal service fund has positive operating income, expenditures reported in the general fund exceed the true cost of operating the government. If it is negative, the general fund understates the true cost of operating the government and net assets are effectively shifted from the internal service fund to the fund balance of the general fund.
What accounting problem arises if an Internal service fund is operated at a significant loss?
If the internal service fund has positive operating income, expenditures reported in the general fund exceed the true cost of operating the government. If it is negative, the general fund understates the true cost of operating the government and net assets are effectively shifted from the internal service fund to the fund balance of the general fund.
