Accounts Test

What is the nature of Joint venture with other co-venture A/c


Which of these accounts are not opened in a Joint venture Accounts?


The transactions regarding transfer of goods from one venture to another will, under memorandum joint venture account


X a co-venturer returns goods to other co-venture Y. In whose books the transaition would be recorded under memorandum Joint venture method


If X a co-ventures takes away goods for his personal use. Under memorandum method which of these accounts would be debited.







Description:

This is an CPT Accounts Test
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