Question

what is a business transaction?

Answer 1

Answer:

hy

Explanation:

business transaction is an activity or event that can be measured in terms of money and which affects the financial position or operations of the business entity. A business transaction has an effect on any of the accounting elements – assets, liabilities, capital, income, and expense.

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Answer 2

Answer:

A business transaction is an economic event with a third party that is recorded in an organization's accounting system. Such a transaction must be measurable in money.

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