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Sinking fund - Wikipedia, the free encyclopedia
A Sinking Fund is a fund established by a government agency or business for the purpose of reducing debt. The sinking fund was first used in Great Britain in the 18th century to reduce national debt...
en.wikipedia.org/wiki/Sinking_fund |
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Bonds payable represent a liability. A bond sinking fund is an asset. It ... Sinking fund is debited. The future value of the sinking fund is equal to ... Relationship to a bond sinking fund. A fund would be independent of any...
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Accumulated depreciation = contra-asset account long-term receivables = long-term asset bond sinking fund = current asset (or a long term asset, depending on the circumstances) machinery = long term asset (plant, property, and equipment) land = long term asset (plant, property, and equipment);
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Accumulated depreciation = contra-asset account long-term receivables = long-term asset bond sinking fund = current asset (or a long term asset, depending on the circumstances) machinery = long term asset (plant, property, and equipment) land = long term asset (plant, property, and equipment);
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Balloon Maturity; bond sinking fund; doubling option; ... funnel sinking fund; Lock-out; Mandatory redemption schedule; ... sinking fund; sinking fund bond; Sinking Fund Call; sinking fund provision; Sinking fund requirement; sinking ship; SIOR; SIPC;
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The information for the entry reads: "Used the bond sinking fund to redeem the entire 12% bond issue, plus the unamortized bond premium, at the call price of 104." The 12% Bond issues previous balance is $500,000.
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