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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 Posted / 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

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