Accountancy, asked by akhilaajesh09, 1 month ago

15 transactions in a shop. commerce. Accountancy​

Answers

Answered by shubham7395
1

Answer:

Exchange of goods and Services, or

Exchange of Money, or

agreement to exchange money in future or exchange goods and services in future, or

Interaction between a buyer and seller.

Explanation:

Sales of Goods and Services for Cash or Credit.

Subscribing to a Netflix Premium plan (there is an interaction between you (the buyer) and Netflix (the Seller)

Purchase of inventory on cash or credit.

Purchase of an asset.

Disposal of an asset.

Payment of salaries to employees.

Classification of Transactions

Similar questions