Multiple choice

Which of these is not a method of joint venture?

  1. Joint bank method

  2. Memorandum method

  3. Columunar method

  4. None of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

 Joint Bank is a method of joint Venture where separate sets of books are maintained and Memorandum method is a method of Joint Venture where separate set of books is not maintained. There is no method of Joint venture called Columnar Method.