Homework answers / question archive / When there are no separate books maintained for a joint operation, the joint operation's transactions may be summarized in a management account called "Joint Operation"

When there are no separate books maintained for a joint operation, the joint operation's transactions may be summarized in a management account called "Joint Operation"

Accounting

Share With

When there are no separate books maintained for a joint operation, the joint operation's transactions may be summarized in a management account called "Joint Operation". Unsold inventory is placed in which side of the Joint Operation T-account?

a. Credit side

b. Debit side

e. Not placed

d. Debit or credit side