Question

Transaction meaning with example

Answer 1

A transaction is any kind of action involved in conducting business, or an interaction between people. When you go to the bank, fill out a form, and deposit your paycheck, you make a transaction. ... There are transactions involving money, ideas, and even e-mail.

Examples of accounting transactions are: Sale in cash to a customer. Sale on credit to a customer

Answer 2

Explanation:

meaning of transaction : a piece of work or business done between two people

example : paying a supplier for services rendered or goods delivered