G.k of accounting
Harsh Jethwa (58 Points)
13 January 2019Harsh Jethwa (58 Points)
13 January 2019
prasad Nilugal
( GST Practitioner & Accounts )
(14606 Points)
Replied 13 January 2019
Sinking fund or Debenture redemption fund is fixed amount set aside out of profit every year is to be invested outside the business , for redemption of debenture , out of the fund company purchase either investment or an insurance policy . The investment are sold or policy is surrendered on the date of redemption in order to obtain money required to pay off debenture holders .
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)