Question

3 Give any two examples of transaction? ​

Answer 1

Answer:

Examples of external transactions include purchase of goods from suppliers, sale of goods to customers, purchase of fixed assets for business use, payment of rent to owner, payment of gas, electricity or water bills, payment of salary to employees etc.

Explanation:

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Answer 2

Answer:

Here are some examples of Transactions :

• 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.

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