Sinking Fund is -
(a) The fund for rebuilding a structure when its economic life is over
(b) Raised to meet maintenance Cost
(c) The total sum to be paid to the municipal authorities by the tenants
(d) a part of the money kept in reserve for providing additional structures and structural modifications.
The correct Answer Is
(a) The fund for rebuilding a structure when its economic life is over
(a) The fund for rebuilding a structure when its economic life is over
(b) Raised to meet maintenance Cost
(c) The total sum to be paid to the municipal authorities by the tenants
(d) a part of the money kept in reserve for providing additional structures and structural modifications.
The correct Answer Is
(a) The fund for rebuilding a structure when its economic life is over
