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Question 
Paid the club bills out of his personal funds?
state whether the the following transcation is business
transcation or non business transcation? with reson or
explaination?
 Question Submitted By :: Babubm_22
I also faced this Question!!     Rank Answer Posted By  
 
  Re: Paid the club bills out of his personal funds? state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Answer
# 1		 
How are you my dear. I will not take much time in answering 
the question. In your question he paid the club bills from 
his personal funds.Even though it is paid by the business 
unit towards the bill, it is not a business expenditure,it 
is purely personal one for his entertainment and relaxation.
  Any Comment to mail sankeerthanaannavaram@yahoo.in
 
Is This Answer Correct ?    1 Yes 0 No
Sankeerthana
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