B. 1. BUSINESS TRANSACTION/NON-BUSINESS TRANSACTION DIRECTIONS: On the space provided, indicate BT if the statement is a bi transaction and NBT if the statement is not a business transaction. 1. Bill received from Masaya Spa, Inc. for the massage service rendered. 2. Promotion of a car supervisor to a managerial position. 3. Paid salaries of employees. 4. Transferred some furniture from home to business. 5. Received cash from GSIS as educational loan. 6. Paid balance due on bank loan. 7. Paid taxes and other business permits. 8. Opened a checking account in business name. 9. Purchase 50 boxes of can goods intended for sale. 10. Hired new employees. 11. Closed a contract for the construction of building. 12. Bought spa supplies and equipment.

B. 1. BUSINESS TRANSACTION/NON-BUSINESS TRANSACTION DIRECTIONS: On the space provided, indicate BT if the statement is a bi transaction and NBT if the statement is not a business transaction. 1. Bill received from Masaya Spa, Inc. for the massage service rendered. 2. Promotion of a car supervisor to a managerial position. 3. Paid salaries of employees. 4. Transferred some furniture from home to business. 5. Received cash from GSIS as educational loan. 6. Paid balance due on bank loan. 7. Paid taxes and other business permits. 8. Opened a checking account in business name. 9. Purchase 50 boxes of can goods intended for sale. 10. Hired new employees. 11. Closed a contract for the construction of building. 12. Bought spa supplies and equipment.

Name: B. WORK SHEET ACTIVITYB. 1. BUSINESS TRANSACTION/NON-BUSINESS TRANSAC
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Description: B. WORK SHEET ACTIVITYB. 1. BUSINESS TRANSACTION/NON-BUSINESS TRANSACTIONDIRECTIONS: On the space provided, indicate BT if the statement is a businesstransaction and NBT if the statement is not a business transaction.1. Bill received from Masaya Spa

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter1: Introduction To Accounting

Section: Chapter Questions

Problem 1SEA: PURPOSE OF ACCOUNTING Match the following users with the information needed. 1. Ownersa. Whether the...

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