Accounting For Ventures / Joint Venture Accounts Learning Objectives: Define and explain the terms consignment, consignor and consignee. What is the difference between consignment and sale? Make journal entries in the books of consignor and that of consignee. Prepare consignment account and consignee’s account
Advantages and Disadvantages of Joint Venture
Advantages and disadvantages of Joint Venture means benefits to use Joint Venture and drawbacks to use Joint Venture. how to take benefits by using Joint Venture. how to overcome drawbacks to use Joint Venture.