Joint venture accounting ......

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 February 2012 My company is working as a joint venture operator and does not do any other business.. Company books of accounts are called HO and the field's are called Field.

I want to ask that Rent of my company(i.e., the HO) should be apportioned in fields or accounted in HO.

24 February 2012 Subject to any specific contract in contrary
It should be accounted in books of HO.



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