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4. Ms. Maatir started her own beauty salon last year. Her salon is very famous in that area and she managed to make a profit

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4. Ms. Maatir started her own beauty salon last year. Her salon is very famous in that area and she managed to make a profit of RO 2500 every week. She uses RO 1000 every week to pay salaries to the staff and RO 500 for buying material. She also takes RO 500 for her family expenditure. She records all the expenses in her business accounts as she only manages the business. You are required to identify whether she can record all these transaction in her business account or not. Justify your answer Mark) (1

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