Explain the meaning of Memorandum Joint Venture Account? - It is prepared through memoranda i.e. transactions are directly entered in the Memorandum Joint Venture Account. It is merely a statement showing profit or loss on venture. - Accounting For Joint Venture Interview Questions and Answers

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Question: Explain the meaning of Memorandum Joint Venture Account?

Answer: It is prepared through memoranda i.e. transactions are directly entered in the Memorandum Joint Venture Account. It is merely a statement showing profit or loss on venture.

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Question: Explain the meaning of Memorandum Joint Venture Account?

Answer:

It is prepared through memoranda i.e. transactions are directly entered in the Memorandum Joint Venture Account. It is merely a statement showing profit or loss on venture. Source: CoolInterview.com

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