BOND SINKING FUND Definition

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BOND SINKING FUND is a provision to repay a bond.

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ADVANCED ACCOUNTING covers accounting operations, patterns, merger of public holding companies, foreign currency operations, changing financial statement prepared in foreign and local currencies. Advanced accounting also includes a variety of advanced financial accounting issues such as lease contracts, pension funds, end of service severance payments, etc.

JOINT ACCOUNT is a financial account owned by two or more persons who share equally in the rights and liabilities of the account.

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