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    4. ESIC Part B
    5. When goods are purchased for the Joint Venture, the amount is debited to

    Question

    When goods are purchased for the Joint Venture, the

    amount is debited to
    A Purchase Account Correct Answer Incorrect Answer
    B Joint Venture Account Correct Answer Incorrect Answer
    C Venturer's Capital Account Correct Answer Incorrect Answer
    D Profit and Loss Account Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next
      More ESIC Part B Questions
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    Relevant for Exams:

    • UPSC EO/AO

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