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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.
What else can I help you with?
Is a fund balance a debit or credit?
A fund balance typically represents the difference between a government or organization's assets and liabilities and is recorded as a credit in the accounting equation. It reflects the net position of the fund, indicating either a surplus or deficit. In financial statements, a positive fund balance is shown as a credit, while a negative balance may indicate a need for adjustments.
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 makes fund balance decrease?
A fund balance can decrease due to several factors, including increased expenditures that exceed revenues, transfers to other funds, or unanticipated expenses such as emergencies or debt repayments. Additionally, a decrease can result from the use of reserves to cover budget shortfalls or fund specific projects. Economic downturns can also lead to reduced revenue, further impacting the overall fund 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.
Is a fund balance a debit or credit?
A fund balance typically represents the difference between a government or organization's assets and liabilities and is recorded as a credit in the accounting equation. It reflects the net position of the fund, indicating either a surplus or deficit. In financial statements, a positive fund balance is shown as a credit, while a negative balance may indicate a need for adjustments.
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 the pro-forma journal entry to establish the fund?
To establish a fund, the pro-forma journal entry typically involves debiting the appropriate asset account (e.g., Cash or Fund Assets) and crediting the Fund Balance or Fund Equity account. For example, if $10,000 is being established in the fund, the entry would be: Debit: Cash $10,000 Credit: Fund Balance $10,000 This reflects the initial funding of the account and the establishment of the fund's equity.
What is excess of assets over liabilities called?
Fund balance
What makes fund balance decrease?
A fund balance can decrease due to several factors, including increased expenditures that exceed revenues, transfers to other funds, or unanticipated expenses such as emergencies or debt repayments. Additionally, a decrease can result from the use of reserves to cover budget shortfalls or fund specific projects. Economic downturns can also lead to reduced revenue, further impacting the overall 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
