A certain fixed amount from the gross rent or income is set aside annually to accumulate the cost of construction when the building life is over is called

QuestionsCategory: Civil EngineeringA certain fixed amount from the gross rent or income is set aside annually to accumulate the cost of construction when the building life is over is called
VideRime Staff asked 4 years ago

A certain fixed amount from the gross rent or income is set aside annually to accumulate the cost of construction when the building life is over is called

a) sinking fund

b) repairs fund

c) bad debts

d) insurance

1 Answers
VideRime Staff answered 4 years ago

sinking fund