What is a business transaction? Give 2 examples
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Hey mate ✌️✌️
Business Transaction means of financial transaction or economic event entered into by two parties that initiates the accounting process of recording it in the books of account of an enterprise.
EXAMPLE ⬇️⬇️⬇️
⏺️ SALES OF GOOD.
⏺️ PAYMENT TO CREDITORS.
✨ Hope this helps you ✨
Business Transaction means of financial transaction or economic event entered into by two parties that initiates the accounting process of recording it in the books of account of an enterprise.
EXAMPLE ⬇️⬇️⬇️
⏺️ SALES OF GOOD.
⏺️ PAYMENT TO CREDITORS.
✨ Hope this helps you ✨
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