How does business transaction originate?
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✔What is the purpose of business transaction?
✅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: Buying insurance from an insurer.
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Explanation:
business trasactions (monetary ) arises when businees performs sales nd purchases either of goids or fixed assets . functions of the business gives rise to business transactions
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