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what is joint venture & venture capitaling
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Answer / prasad_
A joint venture (often abbreviated JV) is an entity formed
between two or more parties to undertake economic activity
together. The parties agree to create a new entity by both
contributing equity, and they then share in the revenues,
expenses, and control of the enterprise. The venture can be
for one specific project only, or a continuing business
relationship.
Venture capital (also known as VC or Venture) is a type of
private equity capital typically provided for early-stage,
high-potential, growth companies in the interest of
generating a return through an eventual realization event
such as an IPO or trade sale of the company.
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record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.
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