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What is business transaction?

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What is business transaction?

Posted by Subrata Basak 6 years, 6 months ago

CBSE > Class 11 > Accountancy

3 answers

Nishu Giri 6 years, 6 months ago

The trem business transaction means financial transactions or events entire between two parties Example : sale, purchase

Saloni Jain 6 years, 6 months ago

A business transaction is an economic activity that affects the financial position of a business firm and can be measured in terms of money

Sujay Bauri 6 years, 6 months ago

(i)business transactions are exchanges of economic consideration between parties and have two fold effects that are recorded in at least two accounts. (ii)business transactions are usually evidenced by an appropriate document such as Cash memo, invoice, sales bill, pay in slip, cheque, salaryslip, etc.

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Posted by Anirudh Sarkar 1 year, 4 months ago

CBSE > Class 11 > Accountancy

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CBSE > Class 11 > Accountancy

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CBSE > Class 11 > Accountancy

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CBSE > Class 11 > Accountancy

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CBSE > Class 11 > Accountancy

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Posted by Alok Bhartiya 1 year, 4 months ago

CBSE > Class 11 > Accountancy

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