Accountancy, asked by ukeysonali2000, 1 month ago

Loss on Joint Venture is:​

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Answered by Tausif3079
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Answer:

If a joint venture reports a large loss, or a series of losses, it is possible that recording the investor's share of these losses will result in a substantial decline of the investor's recorded investment in the joint venture. If so, the investor stops using the equity method when its investment reaches zero.

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