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

by
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.