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?



Paid the club bills out of his personal funds? state whether the the following transcation is busin..

Answer / sankeerthana

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 ?    3 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

Any Two difference Between Debenture and bonds?

9 Answers   ABG Shipyard, Ecofast, Syntel,


what is the meaning of service tax?

9 Answers   iN Technologies,


what is Opening & Closing Balance?

4 Answers   EDS,


How do you avoid loss situation

0 Answers   IBM, Telco,


Expand ________CBC

2 Answers  






fright receive ledger which group under we will open in tally

2 Answers  


please tell defination of goodwil and copyright?

2 Answers  


ABC Co. is considering an investment with a cost of $55,000. Annual cash savings of $100,000, Present Value at %12 (ABC's discount rate) of $56,502, are expected for the next 10 years. What can we conclude? 1. ABC Co. should make the investment 2. The investment offers a 12 percent rate of return

1 Answers  


Taxation work in tally

0 Answers   Optus Hometel,


what is ment by memorandom of association?

14 Answers   Capital IQ, Nestle,


how could prepare a bank charges entry in the tally

12 Answers  


housing loan taken from tata capital housing finance ltd.,how can entry make with interest with sanction amount and documentation charges

1 Answers   KMS,


Categories