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Repaid the loan taken from Sachin for the marriage out of
the business.
state whether the the following transcation is business
transcation or non business transcation? with reson or
explaination?
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Answer Posted / sankeerthana
How the things are going on my dear. The answer will be
same as previous question. Expenditure related to personal
obligations should not be clubbed with business expenses.
Even though withdrawl of funds from his own business to
meet the personal things it should not be taken. Business
is a seperate entity as we already studied earlier.
ThankQ very much for the chance given by you to answer
all your questions. Pl comment on style of answering.
sankeerthanaannavaram@yahoo.in
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Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed
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