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.