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प्रश्न
An account opened in the bank in a joint name of the co-venturers.
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उत्तर
Joint Bank Account
Explanation:
An account that is jointly operated by the co-venturers wherein all the cash and bank related transactions are recorded is known as Joint Bank Account. It is a personal account which is debited with the transactions that raise the cash/bank balance and credited with the transactions reducing the cash/bank balance.
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