Teaching Accountancy Accounting for Specific Business and Transactions Question Bank MCQ - Accounting for Specific Business and Transactions

  • question_answer
    Memorandum joint venture account is prepared

    A)  When each co-venturerss keeps record of all the transactions himself

    B)  When each co-venturer keeps records of their own joint venture transactions

    C)  When separate set of books are maintained

    D)  None of the above

    Correct Answer: B


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