Journal entry for final settlement
over amount bringing cash by co-
venture.
Answer
A. Joint bank a/c ----DR. To co-
venture a/C----
B. CO-venture a/c ----DR. To joint
bank a/c
C. co-venture a/c ----DR To joint
venture a/C------
D. Joint venture a/C-----DR. To co-
venture a/c ----
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A , hope it helps you
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Explanation:
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