Accountancy, asked by mahajanayush247, 1 month ago

definition on business transaction

Answers

Answered by selenophile7
0

Answer:

Business Transaction is an event which affects a business financially or in other words it causes a change in its assets, liabilities and/or equity. Any event which does not affect the business financially is not recorded in accounting system

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Answered by itzbhavesh282
3

Business Transaction is an event which affects a business financially or in other words it causes a change in its assets, liabilities and/or equity. Any event which does not affect the business financially is not recorded in accounting system

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