Visit any two business firms and make a list of their transactions (any ten) and classify
them as business and non-business transactions.
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There are two types of transactions in accounting i.e. revenue and capital. Answer: There are two types of business trasaction .Revenue transactin i.e transaction day to day activities.Other is capital transaction i.e for long term objective e.g purchase of fixed asset.
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Explanation:
amount withdrawal for personal use
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