Question on: JAMB Accounting - 2019
A sent B a cheque for ₦2000 to provide him with friends. They agreed to share profits in ratio 3 : 2 and settlement is by cheque.
Sales Advert Wages Purchases | A ₦ 3200 327 85 1600 | B ₦ 2100 463 70 1100 |
The profit and loss in joint venture with B account in the ledger of A.
A
₦1000
B
₦900
C
₦993
D
₦883
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Correct Option: C
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