AID15365: A of Delhi and B of Bangalore entered into a joint venture for purchase and sale of one lot of mopeds. The cost of each moped was Rs.3,600 and the fixed retail selling price; Rs.4,500. The following were the recorded transactions:

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Q: A of Delhi and B of Bangalore entered into a joint venture for purchase and sale of one lot of mopeds. The cost of each moped was Rs.3,600 and the fixed retail selling price; Rs.4,500. The following were the recorded transactions:

You are required to show Memorandum Joint Venture A/c.

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