- The fund for rebuilding a structure when its economic life is over
- Raised to meet maintenance costs
- The total sum to be paid to the municipal authorities by the tenants
- A part of the money kept in reserve for providing additional structures and structural modifications
Sinking fund is
Share
Sinking fund is the fund for rebuilding a structure when its economic life is over. Answer: Option 1
Sinking fund is the fund for rebuilding a structure when its economic life is over.
Answer: Option 1
See less