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Explain the nature and purpose of fund. Distinguish between current fund and noncurrent fund. How do we account for sinking fund? How do we determine
- Explain the nature and purpose of fund.
- Distinguish between current fund and noncurrent fund.
- How do we account for sinking fund?
- How do we determine the annual contribution to the sinking fund?
- How do we account for other noncurrent fund such as preference share redemption fund, plant expansion fund, contingency fund, and insurance fund?
- How do we account for cash surrender value of life insurance policy?
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Payroll Accounting 2017
Authors: Bernard J. Bieg, Judith Toland
27th edition
1305675126, 1305675124, 9781305888586, 1305888588, 978-1337734776
