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What are the rules of accounting for joint arrangement

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Reference no: EM132679345

Problem a. Identify the essential elements of Joint arrangement. Use examples to elaborate your answer. You can make a diagram or a matrix if needed

Problem b. Differentiate joint operation from joint venture by making a scenario case.

Problem c. What are the rules of Accounting for Joint Arrangement. In every rule, give a simple example.

Reference no: EM132679345

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