Define Business Transaction ??
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Explanation:
The transaction done at the time of business is known as business transaction.
Transaction means exchange of money or deals of business with others .
economic rent entered into by two parties that inititate the amount on process of recording it in the books of account of an enterprise.
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A business transaction is an economic event with a third party that is recorded in an organization's accounting system. Such a transaction must be measurable in money. Examples of business transactions are: ... Selling goods to a customer for cash.
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