Question

Q.7 which of the following
transactions is of a financial
character and will be recorded
in the business?
O
Goods taken from the business by
the proprietor for personal use
Interviewing the candidates for
employment
O
Sale of household furniture rupees
5000
O
Received an order for sales of
goods​

Answer 1

Answer:

The credit purchase of goods and Goods worth ` 5,000 taken from the business and given by the proprietor to his friend as gift are transactions which are of financial character and will be recorded in the books of accounts