Which of the following is not a business transaction?
A) Erin deposits $15,000 in a bank account in the name of Erin's Lawn Service.
B) Erin provided services to customers earning fees of $600.
C) Erin purchased hedge trimmers for her lawn service agreeing to pay the supplier next month.
D) Erin pays her monthly personal credit card bill.

Question

Quizplus · Accepted Answer

Paying a personal credit card bill is not a business transaction since it involves personal expenses and not business expenses. The other options involve business-related activities such as deposits, providing services, and making a purchase for the lawn service.

Which of the Following Is Not a Business Transaction