If a bond sinking fund is required by creditors or law,the unexpended resources would be classified as Restricted.

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Restricted resources refer to funds that are subject to constraints or restrictions due to legal, contractual, or internal policies. In the case of a bond sinking fund, the unexpended resources are typically restricted because they must be used to retire the bonds at maturity. Therefore, if a sinking fund is required by creditors or law, any unspent resources would be classified as restricted.

If a Bond Sinking Fund Is Required by Creditors or Law,the