Question

Which of the following is not a business transaction?

Purchase of goods for resale

Rent and salary paid

Purchased a LCD for personal use​

Answer 1

Answer:

3. purchased a LCD for personal use.......

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Answer 2

Heyy dear♥️

Which of the following is not a business transaction?

• Purchase of goods for resale

• Rent and salary paid

• Purchased a LCD for personal use ☑️

EXPLANATION :

The transaction which affect only the business in financial terms are recorded in business books of accounts and personal transactions are not recorded of owner as they dont affect business financially.

Hope you got it :)