GENERAL ACCOUNTING PRINCIPLES (GENERAL STUDIES) Part-2

Discussion Forum: GENERAL ACCOUNTING PRINCIPLES (GENERAL STUDIES) Part-2 - Q.No: 21

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21. Joint venture is a ________ Account. []

  1. (a) Personal
  2. (b) Real
  3. (c) Nominal
  4. (d) Capital

Correct Answer: (c) Nominal

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