1. allows owners to control the treatment of assets of the joint venture.2. enables the performance of acts Any one time period that your past performance. The gross profit or loss, as many3. let know the financial position of the undertaking on the date of any one that acts in the asset, liability and cost, which is the part of the owners much of.4. accounting is collecting statistics that help you manage and provide information helpful in planning and control of the joint venture operation to succeed based on the intention.5. to save the entry, which occurred respectively before and after the classification according to the type of the entry.6. in order to properly Act on account of the various Affairs.
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