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Profit or loss on joint venture business is shared by the co-venturers __.

(A) Equally
(B) In the ratio of capital contributed
(C) In the agreed upon ratio
(D) A per seniority

►Correct Option

Correct Option is: C

Accounting McqsAccounting Interview Questions, Accounting Mcqs, Accounting Questions, Cost accounting Mcqs, Financial Accounting Mcq

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