Question

•the place where accounting transaction are classified ________​

Answer 1

Answer:

bank .....................

Answer 2

Answer:

Transactions are the subject matters of Accounting. Accounting means maintaining of accounts of transactions systematically.

For this reason, one should have a clear conception of the transaction before knowing the techniques and principles of accounting.

Any occurrence of human life is generally called event.

Based on the exchange of cash, there are three types of accounting transactions, namely cash transactions, non-cash transactions, and credit transactions.

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