Question
Shriram Kale (Consultant) (25 Points)
18 August 2016
Why sinking fund showing in both the side of balance sheet? Is it wrong to show on both side?
Kalki Vital Narayanam
(CA Final Student)
(121 Points)
Replied 24 August 2016
sinking Fund is shown on Liabilities side of Balance Sheet &
Sinking Fund Investments are shown in Assets side of balance Sheet,
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