Accounting · Introduction to Accounting
Which of the following is not considered a business transaction for the enterprise?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Salary remaining unpaid at ₹5,000 at the end of the year.
- 2Payment of ₹5,000 out of the business bank account for the school fees of the owner's child.
- 3Appointment of Mrs. Usha as a typist on a salary of ₹5,000 per month for the owner's personal work.✓
- 4Payment of ₹5,000 as salary to business employees.
Correct answer
Appointment of Mrs. Usha as a typist on a salary of ₹5,000 per month for the owner's personal work.
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