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If unsold goods costing 20,000 is taken over by venturer at 15,000, the joint ventureaccount will be credited by

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Question:

If unsold goods costing 20,000 is taken over by venturer at 15,000, the joint ventureaccount will be credited by

A.

20,000

B.

15,000

C.

5,000

D.

Nil

Answer» b. 15,000

Note: The above multiple-choice question is for all general and Competitive Exams in India.