Question

Which of the following is a business transaction.

1. goods purchased on credit.
2. purchasing air conditioner for cash for personal use.
3. owner not keeping good.
4.proprietor puchased a motorcycle for his son.

Answer 1

I think it is 3 because
4 is of personal need not business
2 is for personal need not business
1 is not specified as business either
3 is most likely a business transaction