Q46For opening Joint Bank account, __________.Select one:a. Joint Venture A/c will be debited and Venturers A/c will be creditedb. Joint Bank A/c will be debited & Joint Venture A/c is creditedc. Joint Venture A/c is debited and Joint Bank A/c is creditedd. Joint Bank A/c is debited and Venturers Capital A/c is credited

Joint venture means where two or more persons comes together to do some business and share profit as…

Q46 For opening Joint Bank account, __________. Select one: a. Joint Venture A/c will be debited and Venturers A/c will be credited b. Joint Bank A/c will be debited & Joint Venture A/c is credited c. Joint Venture A/c is debited and Joint Bank A/c is credited d. Joint Bank A/c is debited and Venturers Capital A/c is credited

Q46 For opening Joint Bank account, __________. Select one: a. Joint Venture A/c will be debited and Venturers A/c will be credited b. Joint Bank A/c will be debited & Joint Venture A/c is credited c. Joint Venture A/c is debited and Joint Bank A/c is credited d. Joint Bank A/c is debited and Venturers Capital A/c is credited

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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