Departmental Accounts Meaning, Objectives
Departmental stores have many types of stores under a single roof, for example one departmental store may have a cosmetic…
Read BBA, BMS, B.Com Syllabus wise Notes
Departmental stores have many types of stores under a single roof, for example one departmental store may have a cosmetic…
Principles for Allocation of Expenses: The following principles should be noted for the purpose: (a) Expenses relating to direct benefit…
An association of two or more persons or we may say temporary partnership combined for the carrying out a specific…
Joint venture may be defined as temporary partnership between two or more persons without the use of firm’s name for…
A joint venture is an arrangement in which two or more parties agree to pool their resources for the purpose…
When one of the Venturers keeps Accounts If one of the co-venturers is appointed to manage the joint venture, he…
When there are no separate books of accounts for the joint venture, in this case, each Co-venturer can maintain the records in…
In order to increase the volume of profit, it is the primary aim of all business enterprises to increase their…
Generally when branches are small their accounts are maintained by the head office. If the branch is big and, specially,…
Dependent branches are the branches that do not keep their records but all the records are maintained by head office.…