brief explanation of the transaction is called –
(A) Summarizing
(B) Particular
(C) Narration
(D) Information
Answers
Answered by
5
Answer:
I think the answer is C
Explanation:
Narration
Answered by
2
Brief explanation of transaction is called Information
Option D
Explanation:
- The explanation of various transactions are given as a information of the financial accounting system in regards to buying and selling. The financial accounting system gives total information of all the transactions that have taken place in a specific time period.
- The proper information about business transactions help the company in making plans for the future and increase their sales and profits. The transactions give information of the items purchased and for what purpose it is purchased.
- During transaction there is always exchange of goods and services which is recorded in an invoice and documents. It gives total information regarding the transaction process and the details about credit and debit in the financial statement
To know more about transactions
Define transaction. What are the different states of transaction? Give acid properties of transactions.
https://brainly.in/question/7536466
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