What’s the difference between a call for sinking fund purposes and a refunding call?

Q: The modified accrual foundation of accounting is used by which fund category? Under the modified…

A: Introduction: Another accounting approach that combines accumulation premise bookkeeping and cash…

Q: Briefly discuss the significance of the Trust Fund Doctrine.

A: Trust fund doctrine is a principle of judicial invention which says that corporate assets are held…

Q: When do the funds earn interest at the MARR?

A: The MARR (Minimum Acceptable Rate of Return), generally referred to as hurdle rate is the lowest or…

Q: What is the difference between an enterprise fund and an internal service fund?

A: Fund: It can be defined as a sum of money that is made available or kept aside for a specified…

Q: What is the purpose of using the retained funds?

A: After paying the dividends, the company retains the remaining net income which is called addition to…

Q: = sinking fund formula, calculate the

A: Payment per month refers to the amount which a borrower should at the end of each month or period to…

Q: Why a particular fund out of which reimbursement is to be made, makes the instrument unconditional

A: The question is based on the concept of negotiable instruments. A negotiable instrument is a legal…

Q: plain the difference between a f

A: Fund of funds : A mutual fund strategy that engages in other mutual fund schemes is known as a Fund…

Q: What equal series of payments must be paid into a sinking fund in order toaccumulate each given…

A: Here i am the each given amount: (a) $1,700 in 10 years at 8% compounded semiannually when payments…

Q: The term sinking fund is used when we know the sum we need to accumulate and must find the amount of…

A: Introduction: Sinking fund is a type of fund which is used by corporates especially if they want to…

Q: What is the difference between a permanent fund and a private-purpose trust fund?

A: A private purpose fund refers to trust agreements where a principal or income benefits individuals,…

Q: What are the benefits of Trust fund

A: A trust fund is that legal entity that holds property on behalf of someone.

Q: What are the uses of funds?

A: The uses of fund are as follows: Purchase of fixed asset: If fixed assets such as plant and…

Q: Define sinking fund

A: Fund: A fund is a pool of money save for a particular purpose. Those pools can be frequently…

Q: Sinking Fund under Cash and Cash Equivalents?

A: Sinking Fund is a fund that contains cash which is set aside to pay off a  long term debt or bonds…

Q: Why are special revenue funds restricted and what would happen if they were used for other purposes?

A: As the special revenue fund is a special revenue that are specific or specified to a project in…

Q: What is a trust fund?

A: Trust Fund: Trust fund is a legal entity that holds property or assets on behalf of another person,…

Q: Please describe a special revenue fund you find particularly beneficial.

A: A special revenue fund is a govt account that gathers money for a specific project. Special revenue…

Q: What is discretionary distribution in trust fund? And Give (1) example that is easy to understand

A: A trust fund is a legal entity that holds property on behalf of some other person or some other…

Q: : What is the main objective of Balanced Unit Trust Fund?

A: Balanced unit trust fund is a diversification in financing which comprises of different sources of…

Q: Why are accruals called spontaneous sources of funds, what are their costs, and why don’tfirms use…

A: Spontaneous source of funds means source through which funds can be arises from daily business…

Q: What is the sinking-fund factor? How and why is it used?

A:

Q: What are the four fund types within the fiduciary funds? What types of events does each report?

A: Definition:   A fiduciary fund is required in legislative bookkeeping to give an account of benefits…

Q: Sinking Fund Method

A: Depreciation expense refers to the fall in the value of the asset due to passage of time, wear and…

Q: Which of the following is not considered an “other long-term investment?” Sinking fund Preference…

A: The question is multiple choice question  Required  Choose the Correct Option.

Q: How Grantor can Release from Assumed Debt?

A: Answer: Release of grantor from assumed debt: It is one of the assumptions of mortgage. When a…

Q: hat is the purpose of valuation in t

A: Introduction : The fund raising refers to the process conducted by one entity of borrowing funds…

Q: Explain the sinking fund.

A: A Loan refers to the amount of money taken by one party named borrower from the other party named…

Q: what is the difference between imprest fund system and fluctuating fund system?

A: Petty cash funds are funds established for the purpose of small petty expenses in the business.…

Q: What type of the fund is alloted to capital project? Select one: a. Special revenue fund b.…

A: Capital project: Capital project is infrastructure project like railways, roads, bridge, etc.

Q: Does the modified accrual accounting method apply to this kind of fund? What are the requirements…

A: Introduction: Another accounting approach is adjusted gathering bookkeeping, which combines…

Q: What types of special revenue funds are beneficial?

A: Funds are the balance that has been kept by the company or the government so that any contingencies…

Q: How are interfund transfers reported in fund financial statements?

A: Financial statements: Financial statements are condensed summary of transactions communicated in the…

Q: What are types of activities are reported in Custodial Funds?

A: Custodial funds Custodial funds are classified as fiduciary funds under GASB rules when they are not…