Question

Which of the following is the business transaction?
a) Credit purchase of goods.
b) Make promise to send the goods.
c) Withdrawing of money by proprietor from business for personal use.
d) Value of human resource.

Answer 1

Answer:

Which of the following transactions are of financial character and will be recorded in the books ? <br> (i) Credit purchase of goods. <br> (ii) Strike by employes. <br> (iii) Goods worth Rs 20,000 taken form the business and given by the proprietor to his friend as gift. <br> (iv) Withdrawing of money by proprietor form business for personal use. <br> (v) Interviewing the candidates for employement. <br> (vi) Sale of household furniture for Rs 10,000. <br> (vii) Payment of school fess of proprietor's son form propritor's personal bank account. <br> (viii) Make promise to send the goods. <br> (ix) Receiving on order to send the goods. <br> (x) Loss of goods by fire. <br> (xi) Value of human resources.

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Answer 2

Answer:

I think option a) credit purchase on goods is correct

*I think* I hope my ans is correct