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What is a Joint Venture Memorandum Account - SS3 Accounting Joint Venture Memorandum Account Question

What is a Joint Venture Memorandum Account? 

A

An account used to keep track of individual company profits 

B

An account used to track expenses related to advertising 

C

An account used to track financial transactions related to a joint venture 

D

An account used to manage employee salaries

correct option: c
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