Question

Give instance of non-business transaction subject to business tax.

Answer 1

Explanation:

A business transaction is an event involving an interchange of goods, money or services between two or more parties. The transaction can be as brief as a cash purchase or as long-lasting as a service contract extending over years. The business transacted can be between two parties engaged in business and conducting the transaction for their mutual benefits, or between a business entity, like a retail shop, and a customer

Answer 2

Answer:

A business transaction is an event involving an interchange of goods, money or services between two or more parties. The transaction can be as brief as a cash purchase or as long-lasting as a service contract extending over years. The business transacted can be between two parties engaged in business and conducting the transaction for their mutual benefits, or between a business entity, like a retail shop, and a customer.

Explanation:

HOPE IT WILL HELP YOU...

PLEASE MARK IT AS BRAINLIEST..