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?

Answer Posted / 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



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