When each co-venturer open his own account, the profit from Joint Venture A/c is A Credited...

 

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When each co-venturer open his own account, the profit from Joint Venture A/c is A Credited to joint venture with other A/c B C Debited to joint venture with other A/c Debited to memorandum A/c D Credited to general profit and loss A/c When each co-venturer open his own account, the profit from Joint Venture A/c is A Credited to joint venture with other A/c B C Debited to joint venture with other A/c Debited to memorandum A/c D Credited to general profit and loss A/c

Answer rating: 100% (QA)

Correct option is B This account is debited with all ventu... View the full answer