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Identify Transaction

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Identify Transaction

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About this activity

Students need to identify transactions as business or non business transaction.

Created by

Richa Sinha
Richa Sinha
India

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Identify Transaction
 

Identify TransactionOnline version

Students need to identify transactions as business or non business transaction.

by Richa Sinha
1

Received ₹2,000 as rent income.

2

Purchased office furniture for cash.

3

Paid ₹10,000 salaries to employees.

4

Paid ₹8,000 to a supplier for previous credit purchase.

5

Announced a bonus for employees to be paid next month.

6

Provided services on credit worth ₹15,000.

7

Signed an agreement to purchase machinery next month.

8

Sold goods worth ₹20,000 for cash.

9

Manager attended a free webinar on taxation.

10

Owner withdrew ₹5,000 cash for personal use.

 
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