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?
- 3 Answers
- 3751 Views
- I also Faced
- E-Mail Answers
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 is contingent event?
how to check which item is sold by the sundry debtors in tally?
what is net profit?
capitla budgeting
WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?
HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?
Expand -------CCIL
what are the security data points
Depreciation?
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
what is diff between accrued and Outstanding Account?
EXPAND___________IMF
Audit 
