Question

give definition and
illustration of cash transaction , accountancy
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Answer 1

Answer:

In your life you must set short-range as well as long-range goals for yourself. The reason for setting goals is to make sure that you don't fall behind in life and you achieve your dreams. I have set goals for myself and have taken steps in achieving them. My short-range goals are as follows:

 Graduating from high school with honors,

 Getting excepted into a prestigious college, and

 Buying a car before the Christmas holidays

To make sure that I worked towards my goals I made a calendar to keep myself on task with my plans.

A few of the things that I'm doing to make sure that I graduate with honors are doing my homework and studying. I set up a time everyday to study my subjects in school to make sure that I pass my test. My second goal is to attend a prestigious college. The steps that I've taken to achieve that goal are doing searches on the Internet and talking to college students and teachers. I have tried to make sure that I get all the information that I need to choose the right college for me. My plans for buying a car have changed since others cost for school and more important things have come about, but I do plan to purse that goal at another time.

The long-range goals that I've set for myself are just as important as my short-range goals and they are as follows:

 Graduate from college with honors

 Become very successful in a marketing career dealing with fashion, and  Buy a house

I haven't been able to exactly make plans to achieve these goals because they are so extravagant. When I do start to make steps toward my goals I'm sure that I will be successful.

Answer 2

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A cash transaction is the immediate payment of cash for the purchase of an asset. Some market stock transactions are considered cash transactions although the trade may not settle for a few days.

Hope it helps uhh ✔️