Accountancy, asked by mehrajmunshi2039, 2 days ago

How to recognise cash transaction?

Answers

Answered by Bunni786
0

Answer and Explanation:

The common definition of a cash transaction is an immediate payment for the goods or services bought. However, the term can have diverse meanings. For example, in the Indian stock market, a transaction of the purchase of sale in the delivery segment is cash transaction though the settlement happens on a T+2 basis.

Answered by kazimarufar
2

Answer :)

ok here ,

Explanation:

The common definition of a cash transaction is an immediate payment for the goods or services bought. However, the term can have diverse meanings. For example, in the Indian stock market, a transaction of the purchase of sale in the delivery segment is cash transaction through the settlement happens on a T + 2 basis

Similar questions