Do the following events represent business transactions?\nExplain your answer in each case.\n(a) A computer is purchased on account.\n(b) A customer retu
Do the following events represent business transactions?
\r\nExplain your answer in each case.
\r\n(a) A computer is purchased on account.
\r\n(b) A customer returns merchandise and is given credit on account.
\r\n(c) A prospective employee is interviewed.
\r\n(d) The owner of the business withdraws cash from the business for personal use.
\r\n(e) Merchandise is ordered for delivery next month.