What Is Co- Ventures Account?

1.	What Is Co- Ventures Account?
Answer» This is the capital account of the venture relating to venture. This account is CREDITED by the capital CONTRIBUTED by the ventures, goods supplied by them from their own STOCK, EXPENSES made personally by them etc whereas this account is debited for any withdrawal or any asset taken from the venture. This is the capital account of the venture relating to venture. This account is credited by the capital contributed by the ventures, goods supplied by them from their own stock, expenses made personally by them etc whereas this account is debited for any withdrawal or any asset taken from the venture.

Answer»

This is the capital account of the venture relating to venture. This account is CREDITED by the capital CONTRIBUTED by the ventures, goods supplied by them from their own STOCK, EXPENSES made personally by them etc whereas this account is debited for any withdrawal or any asset taken from the venture.

This is the capital account of the venture relating to venture. This account is credited by the capital contributed by the ventures, goods supplied by them from their own stock, expenses made personally by them etc whereas this account is debited for any withdrawal or any asset taken from the venture.

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