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  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 16: Share Forfeiture, Debentures, and Sinking Fund
  5. Question
    After Realizing All the Investments, the Balance in the Sinking
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After Realizing All the Investments, the Balance in the Sinking

Question 19

Question 19

Multiple Choice

After realizing all the investments, the balance in the sinking fund account is transferred to …………


A) Profit and Loss A/c
B) Debenture Account
C) Sinking fund A/c
D) Capital reserve

Correct Answer:

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