After realizing all the investments, the balance in the sinking fund account is transferred to …………

Name: After realizing all the investments, the balance in the sinking fund account is transferred to …………
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Quizplus · Accepted Answer

The balance in the sinking fund account, after all investments are realized, is typically transferred to the Capital Reserve account. This is because the sinking fund is created to repay a debt or replace an asset, and any surplus upon realization is considered a capital gain.

After Realizing All the Investments, the Balance in the Sinking