When a separate set of books is kept for the joint Venture, the commonly accounts maintained are
A) Joint Bank Account
B) Co-Venturers' Account
C) Joint Venture Account
D) All of the Above
Correct Answer:
Verified
Q40: The person who send the goods to
Q41: The commission given by consignor to the
Q42: The following accounts should be opened in
Q43: What are the two types of losses
Q44: The consignee is:
A)Principal
B)Agent
C)Buyer
D)Seller
Q45: Account sales is submitted by.
A)Consignor
B)Consignee
C)Principal to his
Q46: Del - credere commission is calculated on:
A)Credit
Q47: Joint Bank Account is
A)not like a cash
Q48: When goods are purchased for the Joint
Q50: Joint bank account is opened
A)when no separate
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