a bond sinking fund investment is started on january 5, 2010, by transferring #10,000 in cash to the fund. This $10,000 is invested and earns $1,100…

a bond sinking fund investment is started on january 5, 2010, by transferring #10,000 in cash to the fund. This $10,000 is invested and earns $1,100 during 2010. the entry to record the earnings made on the sinking fund investment includes a debit to ______ and a credit to _____. a. Cash for $1,100; Income from Sinking fund Investment for $1,100. b. Cash for $1,100; bond Sinking Fund Investment for $1,100. c. Bon Sinking Fund Investment for $1,100; income from Sinking Fund Investment for $1,100. d. Cash for $1,100; Interest Income for $1,100.

QUESTION: SOLUTION: a bond sinking fund investment is started on january 5, 2010, by transferring #10,000 in cash to the fund. This $10,000 is invested and earns $1,100during 2010. the entry to…

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