Difference between revisions of "Bond Sinking Fund Interest Earned"
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| − | [[Bond Sinking Fund Interest Earned]] is other revenue account used to record earnings on sinking fund balance. | + | [[Bond Sinking Fund Interest Earned]] is other revenue account used to record [[earnings]] on sinking fund balance. |
==Definitions== | ==Definitions== | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| − | :[[Bond Sinking Fund Interest Earned]]. Other revenue account used to record earnings on sinking fund balance. | + | :[[Bond Sinking Fund Interest Earned]]. Other revenue account used to record [[earnings]] on sinking fund balance. |
==Related concepts== | ==Related concepts== | ||
Latest revision as of 03:34, 9 November 2019
Bond Sinking Fund Interest Earned is other revenue account used to record earnings on sinking fund balance.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Bond Sinking Fund Interest Earned. Other revenue account used to record earnings on sinking fund balance.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
