Eferences Review View Help Mailings Question 5 Aulia, Arissa and Aydeen are in joint venture of interior design and house decoration. Below are the transactions that occurred in the last months March 1 3 5 6 8 9 Aulia paid for design cost and printing for RM16,000 Arissa bought material for wainscoting and wall skirting for RM30,000 Aulia paid a transportation cost of RM500 Arissa paid wages cost of RM4,670 to install wainscoting Aydeen responsible to pay labour cost for wall skirting installation and paid a total of RM2,000 for that purpose. Aulia bought carpet, side table and wall paint at a cost of RM13,500 Arissa paid wiring cost of RM1,725 Arissa paid cleaning cost of RM2,000 Aydeen receive first payment from client amounted to RM87,540 Aulia paid for vinyl flooring of RM15,000 including labor cost. Arissa paid RM3,000 for mirror installation in dining room Aydeen received another RM 30,000 as final payment from client. Aulia paid RM1,000 for finishing task labor. 10 11 12 13 14 29 30 Required: . Show the joint venture account of all the three partners. (7 marks) b Prepare memorandum joint venture account. The profit or loss to be shared among Aulia, Arissa and Aydeen is based on the ratio of 1:1-2 respectively. (6 marks) Explain why the joint venture account should be kept separately (2 marks) C