Took a loan of Rs.2000 from Sachin for the marriage.
state whether the the following transcation is business
transcation or non business transcation? with reson or
explaination?
Answers were Sorted based on User's Feedback
Answer / tej prakash sati
This is simply a non business transaction because the
marriage expenses are never relates to any business and
this is a personal expense which needs to be bear by
individual not by a company /organization.
Is This Answer Correct ? | 5 Yes | 1 No |
Answer / nanjappa
Since the purpose is non business transaction. But taking
Loan is business Transaction. Hence it is a business
transaction.
Is This Answer Correct ? | 1 Yes | 0 No |
what standing order and what is debit note
In sales what rule applicable
What is the full form of Dr. and Cr. ?
48 Answers DRO, Emcure, Syntel,
WHAT IS THE LIMIT OF CC A/C
Why profit is a liability and loss is an assets
20 Answers Banesco Seguros, FactSet Systems, IIM, South Indian Bank,
Expand-----CIMA
sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
How are bank charges made
What are the objectives of accounting
Expand CDR
credit management as an essential component of financial management explain?
definition of bank guarantee and use