#Sales Offer!| Get upto 25% Off:

Idrees and Khizar entered into a joint venture to construct a building for a contract price of Rs. 4 Million. They agreed to share profits and losses in the Ratio of 65% and 35% respectively. They opened a joint bank account with Allied Bank, each of them contributing Rs. 120,000.

They incurred Rs. 14,500 miscellaneous expenses in obtaining tender form. Materials worth Rs. 2 Million were bought for cash. They paid wages to masons and other workers Rs. 15,400. Idrees paid Rs.14,800 to supervisors.

The contract was successfully completed. They had to spend Rs.9,700 in getting the building passed fit. The contract price was duly received. Khizar took over the stock of materials lying unused for Rs. 14,600.

Found something interesting ?

• On-time delivery guarantee
• PhD-level professional writers
• Free Plagiarism Report

• 100% money-back guarantee
• Absolute Privacy & Confidentiality
• High Quality custom-written papers

Related Model Questions

Feel free to peruse our college and university model questions. If any our our assignment tasks interests you, click to place your order. Every paper is written by our professional essay writers from scratch to avoid plagiarism. We guarantee highest quality of work besides delivering your paper on time.

Grab your Discount!

25% Coupon Code: SAVE25
get 25% !!