⚡ Rakhi Special - Flat 52% off on All Courses from 6 to 10 Aug! ⚡ Enroll Now

    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

    Relevant for Exams:

    ask-question