Question

Explain the term 'transaction'.​

Answer 1

PLEASE MARK BRAINLIEST.

#FOLLOW ME

Answer 2

Explanation:

A transaction is an agreement between a buyer and a seller to exchange goods, services or financial instruments. ... Accrual accounting records transactions when revenues or expenses are realized or incurred, while cash accounting records transactions when the business actually spends or receives money.

Hope it helps you Mate ✌ ✌

mark as brainliest plz plz plz plz