Question

paying salary to an employee is a business transaction where as paying salary to personal maid of owner is turned as​

Answer 1

Answer:

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Answer 2

Paying a salary to an employee is a business transaction whereas paying a salary to the personal maid of the owner is termed as​ a Non-business Transaction.

Explanation:

• When salary is paid to a maid the amount is transacted from the personal account of the payer.

• This transaction is not considered a business transaction as it does not affect any of the business accounts.  

• On the other hand, when this salary is paid from the business, it will be recorded as obtaining of the owner.