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sinking fund is the setting aside of money for instance by the government to a pool to reduce its budget deficit while amortisation is the paying off of debts over a period of time with a decreasing principal balances and interests
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What is the Difference between the future value of annuity and sinking fund?
future value of an annuity is a reciprocal of a sinking fund
What is the difference between person fund vs account fund?
The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.
What is difference between fund and reserve?
ok ok
What is the difference between provident fund and pension fund?
The difference between a pension fund and provident fund is in how the benefits are paid out. A provident fund pays all he retirement benefits in a lump sum cash benefit at retirement. A pension fund pays one third of the benefit as a lump sum at retirement and the rest is paid out over the lifetime of the beneficiary.
Difference between retail fund and wholesale fund?
Retail are sales direct to the consumer and wholesale is when you sell to a distributor who then resells.
Whai is difference between sinking fund and amortization of assets?
Sinking fund is the setting aside of money for instance by the government to a pool to reduce its budget deficit while amortization is the paying off of debts over a period of time with a decreasing principal balances and interests Read more in related link.
What is the Difference between the future value of annuity and sinking fund?
future value of an annuity is a reciprocal of a sinking fund
A problem and solution by using sinking fund method of depriciation?
example of sinking fund
What is the purpose of a sinking fund?
A sinking fund has a very important purpose. The purpose of a sinking fund is to reduce the amount of debt by repaying or purchasing outstanding loan amounts.
What is the difference between person fund vs account fund?
The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.
What is difference between fund and reserve?
ok ok
What is sinking fund approach?
A sinking fund approach is a type of economic approach that involves setting aside some profits over time. This money is often set aside to fund large capital expenses.
What is the difference between provident fund and pension fund?
The difference between a pension fund and provident fund is in how the benefits are paid out. A provident fund pays all he retirement benefits in a lump sum cash benefit at retirement. A pension fund pays one third of the benefit as a lump sum at retirement and the rest is paid out over the lifetime of the beneficiary.
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.)
Why is there a need for a corrective sinking fund method of valuation?
You need a sinking fund when your sludge pools are filling up and you will not be able to operate your sewage disposal when they are filled without hiring 70 trucks to haul the waste away. Pay 70,000 today or accrue a liability and sinking fund on 7,000 per year for 10 years.
Difference between retail fund and wholesale fund?
Retail are sales direct to the consumer and wholesale is when you sell to a distributor who then resells.
What is the Difference between internal service fund and enterprise fund?
Enterprise fund is a fee for service. Internal service fund is services from one department to another on a cost reimbursement basis.
