Question

and a they get into a joint venture accounts with ratio 2isto 3 m capital is 8000 and a capital is 10000 they purchased 10 TV at 1500 each they spent 3000 for reconditioning other expenses were owened by a 2000 . A receives cheque of 1000 . 9 assets were sold and the rest were taken by a at cost Take out the journal entry join ventures accounts and joint bank accounts

Answer 1

Answer:

and a they get into a joint venture accounts with ratio 2isto 3 m capital is 8000 and a capital is 10000 they purchased 10 TV at 1500 each they spent 3000 for reconditioning other expenses were owened by a 2000 . A receives cheque of 1000 . 9 assets were sold and the rest were taken by a at cost Take out the journal entry join ventures accounts and joint bank accounts