Question

State whether the following are Transactions or not: (i) Mr. A despatched a letter of appointment to Mr. C appointing him accountant in his firm on a monthly salary of 400. (ii) Mr. B returned goods worth 500. (iii) Mr. A's accountant Mr. C left the service after defalcating 1,000 from cash book. (iv) Purchased stationery for cash * 200. (v) Bought an almirah from M/s. Manisha Steel Co. * 1,200. (vi) Appointed Biju, the accountant.​

Answer 1

Answer:

1,3,6arenot transaction