(a)[3]
Calculate the sales revenue of the joint venture.
(b(i))[5]
In the joint venture books, prepare the joint venture account.
(b(ii))[4]
In the joint venture books, prepare Amit account.
(b(iii))[4]
In the joint venture books, prepare Barry account.
(b(iv))[4]
In the joint venture books, prepare the joint venture bank account.
(c)[2]
Suggest two methods by which profit could be increased if the joint venture were repeated at the next festival.
(d)[3]
Advise Amit whether he ought to agree to repeat the joint venture if Clara were added as a third party. Support your answer.