10 examples of business transactions
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Answer:
Examples of Business Transactions
Investment of cash or other assets by the owners
Withdrawal of cash or other assets by the owners, and distribution of dividends
Borrowing of cash from other entities for business use
Payment of borrowings
Sale of goods or services (either for cash or on credit/account)
Collection of receivables from customers and other entities
Acquisition of assets or services (either for cash or on credit/account)
Payment of payables to suppliers or other entities
Consumption or expiration of assets (such as use of office supplies and expiration of insurance, expiration of rent, depreciation of equipment, etc.)
Examples of Business Transactions
Investment of cash or other assets by the owners
Withdrawal of cash or other assets by the owners, and distribution of dividends
Borrowing of cash from other entities for business use
Payment of borrowings
Sale of goods or services (either for cash or on credit/account)
Collection of receivables from customers and other entities
Acquisition of assets or services (either for cash or on credit/account)
Payment of payables to suppliers or other entities
Consumption or expiration of assets (such as use of office supplies and expiration of insurance, expiration of rent, depreciation of equipment, etc.)
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