Answer Posted / waqas

ACTUAL JV WHILE STARTED:
WIP DR.
PAYMENT CR.

THEN WHEN WE will START THE BUSINESS, WE can AMORTIZE THIS
WIP, WHICH IS IN ASSETS, BY MAKING FOLLOWING JV EVERY
MONTHS/YEARS

1) EXPENSE DR
WIP CR.

BUT SOME GUYZ R MAKING THE BELOW ENTRY
2) EXPENSE DR
WIP CR.

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