Comments on: Joint Venture Accounting Questions and Answers https://www.accountingdetails.com/genera_questions_and_answers_about_joint_venture_accounting.htm Learn Financial and Managerial Accounting for Free Tue, 13 Mar 2018 11:29:56 +0000 hourly 1 By: Jeezel https://www.accountingdetails.com/genera_questions_and_answers_about_joint_venture_accounting.htm#comment-497960 Tue, 13 Mar 2018 11:29:56 +0000 https://www.accountingdetails.com/?p=430#comment-497960 hello, can I ask some more examples please 🙂

]]> By: suleman ali https://www.accountingdetails.com/genera_questions_and_answers_about_joint_venture_accounting.htm#comment-27928 Thu, 18 Sep 2014 16:03:08 +0000 https://www.accountingdetails.com/?p=430#comment-27928 Records are kept by A only

]]> By: ASSAD https://www.accountingdetails.com/genera_questions_and_answers_about_joint_venture_accounting.htm#comment-27657 Wed, 17 Sep 2014 16:34:52 +0000 https://www.accountingdetails.com/?p=430#comment-27657 A and B completed a venture and earned $30,000. They shared profits in the ratio of 2:1. What journal entry will be passed when:

(a). There is a separate set of books.
(b). Records are kept by A only
(c). Records are kept by B only.
(d) There is a memorandum, method of recording transactions.

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