Question

Explain credit transaction Give illustration of cash transaction of goods. Give illustration of cash transaction of service​

Answer 1

Example of a Cash Transaction. For example, a person walks into a store and uses a debit card to purchase an apple. The debit card functions the same as cash as it removes the payment for the apple immediately from the purchaser's bank account. This is a cash transaction

Answer 2

Answer:

Example of a Cash Transaction. For example, a person walks into a store and uses a debit card to purchase an apple. The debit card functions the same as cash as it removes the payment for the apple immediately from the purchaser's bank account. This is a cash transaction