{"id":57313,"date":"2024-04-16T00:59:52","date_gmt":"2024-04-16T00:59:52","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=57313"},"modified":"2024-04-16T00:59:52","modified_gmt":"2024-04-16T00:59:52","slug":"which-of-the-following-is-not-business-transaction","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-not-business-transaction\/","title":{"rendered":"Which of the following is not business transaction?"},"content":{"rendered":"

[amp_mcq option1=”Purchase Rs. 1,00,00 furniture for business” option2=”Paid his son’s fee Rs. 20,000 from his personal bank account” option3=”Paid employees salary Rs. 50,000″ option4=”Purchased goods worth Rs. 75,000″ correct=”option2″]<\/p>\n

The correct answer is B. Paid his son’s fee Rs. 20,000 from his personal bank account.<\/p>\n

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.<\/p>\n

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.<\/p>\n","protected":false},"excerpt":{"rendered":"

[amp_mcq option1=”Purchase Rs. 1,00,00 furniture for business” option2=”Paid his son’s fee Rs. 20,000 from his personal bank account” option3=”Paid employees salary Rs. 50,000″ option4=”Purchased goods worth Rs. 75,000″ correct=”option2″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-57313","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"\nWhich of the following is not business transaction?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-of-the-following-is-not-business-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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