How many types of business transactions are there in accounting? ...
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In business, there are four main types of financial transactions, and they include sales, purchases, receipts, and payments. All financial transactions that occur have an effect on at least two accounts, depending on the type of transaction. One account will increase in value, while the second account decreases.....
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hope it helps
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there are two types of transactions in accounting . Revenue transaction and business transactions...
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