Memorandum joint venture account is prepared

1.	Memorandum joint venture account is prepared
A.	When each co-venturerss keeps record of all the transactions himself
B.	When each co-venturer keeps records of their own joint venture transactions
C.	When separate set of books are maintained
D.	None of the above
Answer» C. When separate set of books are maintained

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Memorandum joint venture account is prepared

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