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A and B enter into a joint venture sharing profit and losses equally. A purchased 5000 kg of rice @ Rs 50/kg. B purchased 1000 kg of wheat @ Rs 60/kg. A sold 1000 kg of wheat @ Rs 70/kg and B sold 5000 kg of rice @Rs 60/kg. The profit on venture when same sets of books is maintained will be:a)Rs. 110000b)Rs.100000c)Rs.120000d)Rs.60000Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A and B enter into a joint venture sharing profit and losses equally. A purchased 5000 kg of rice @ Rs 50/kg. B purchased 1000 kg of wheat @ Rs 60/kg. A sold 1000 kg of wheat @ Rs 70/kg and B sold 5000 kg of rice @Rs 60/kg. The profit on venture when same sets of books is maintained will be:a)Rs. 110000b)Rs.100000c)Rs.120000d)Rs.60000Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B enter into a joint venture sharing profit and losses equally. A purchased 5000 kg of rice @ Rs 50/kg. B purchased 1000 kg of wheat @ Rs 60/kg. A sold 1000 kg of wheat @ Rs 70/kg and B sold 5000 kg of rice @Rs 60/kg. The profit on venture when same sets of books is maintained will be:a)Rs. 110000b)Rs.100000c)Rs.120000d)Rs.60000Correct answer is option 'D'. Can you explain this answer?.

Solutions for A and B enter into a joint venture sharing profit and losses equally. A purchased 5000 kg of rice @ Rs 50/kg. B purchased 1000 kg of wheat @ Rs 60/kg. A sold 1000 kg of wheat @ Rs 70/kg and B sold 5000 kg of rice @Rs 60/kg. The profit on venture when same sets of books is maintained will be:a)Rs. 110000b)Rs.100000c)Rs.120000d)Rs.60000Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of A and B enter into a joint venture sharing profit and losses equally. A purchased 5000 kg of rice @ Rs 50/kg. B purchased 1000 kg of wheat @ Rs 60/kg. A sold 1000 kg of wheat @ Rs 70/kg and B sold 5000 kg of rice @Rs 60/kg. The profit on venture when same sets of books is maintained will be:a)Rs. 110000b)Rs.100000c)Rs.120000d)Rs.60000Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A and B enter into a joint venture sharing profit and losses equally. A purchased 5000 kg of rice @ Rs 50/kg. B purchased 1000 kg of wheat @ Rs 60/kg. A sold 1000 kg of wheat @ Rs 70/kg and B sold 5000 kg of rice @Rs 60/kg. The profit on venture when same sets of books is maintained will be:a)Rs. 110000b)Rs.100000c)Rs.120000d)Rs.60000Correct answer is option 'D'. Can you explain this answer?, a detailed solution for A and B enter into a joint venture sharing profit and losses equally. A purchased 5000 kg of rice @ Rs 50/kg. B purchased 1000 kg of wheat @ Rs 60/kg. A sold 1000 kg of wheat @ Rs 70/kg and B sold 5000 kg of rice @Rs 60/kg. The profit on venture when same sets of books is maintained will be:a)Rs. 110000b)Rs.100000c)Rs.120000d)Rs.60000Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of A and B enter into a joint venture sharing profit and losses equally. A purchased 5000 kg of rice @ Rs 50/kg. B purchased 1000 kg of wheat @ Rs 60/kg. A sold 1000 kg of wheat @ Rs 70/kg and B sold 5000 kg of rice @Rs 60/kg. The profit on venture when same sets of books is maintained will be:a)Rs. 110000b)Rs.100000c)Rs.120000d)Rs.60000Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A and B enter into a joint venture sharing profit and losses equally. A purchased 5000 kg of rice @ Rs 50/kg. B purchased 1000 kg of wheat @ Rs 60/kg. A sold 1000 kg of wheat @ Rs 70/kg and B sold 5000 kg of rice @Rs 60/kg. The profit on venture when same sets of books is maintained will be:a)Rs. 110000b)Rs.100000c)Rs.120000d)Rs.60000Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.