Sinking fund is created in ___________.

Depreciation fund method

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Deflection method

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Fixed installment method

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Annuity method

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Solution

The correct option is A Depreciation fund method
The sinking fund method is a method for depreciation of a fixed asset
It helps in saving enough money to replace the assets at the end of its useful life.

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Similar questions

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Under Sinking Fund method, Sinking Fund or Debenture Redemption Fund of _______ the amount of present value of redemption amount of debentures is created out of profits every year.

Q. The amount of depreciation provided in the sinking fund method when compared to annuity method is?

Q. Investment in sinking fund by a non profit organization is a/an ______________.

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Sinking fund is created in ___________.

The correct option is A Depreciation fund methodThe sinking fund method is a method for depreciation of a fixed asset It helps in saving enough money to replace the assets at the end of its useful life.

The correct option is A Depreciation fund method
The sinking fund method is a method for depreciation of a fixed asset
It helps in saving enough money to replace the assets at the end of its useful life.