Which of the following is not business transaction?

Purchase Rs. 1,00,00 furniture for business
Paid his son's fee Rs. 20,000 from his personal bank account
Paid employees salary Rs. 50,000
Purchased goods worth Rs. 75,000

The correct answer is B. Paid his son’s fee Rs. 20,000 from his personal bank account.

A business transaction is an economic activity that involves the transfer of goods or services between two parties. It can be recorded in a ledger or other accounting system.

Option A is a business transaction because it involves the purchase of furniture for the business. Option B is not a business transaction because it involves the payment of personal expenses. Option C is a business transaction because it involves the payment of employee salaries. Option D is a business transaction because it involves the purchase of goods.