Accountancy, asked by krishnasujith703, 4 months ago

what is a transactions​

Answers

Answered by anudeepko046
1

Answer:

an instance of buying or selling something

Answered by MissQueen00
0

Answer:

A transaction is a completed agreement between a buyer and a seller to exchange goods, services, or financial assets. But in business bookkeeping, this plain definition can get complicated. The cash accounting method records a transaction only when the money is received or the expenses are paid.

In computer programming, a transaction usually means a sequence of information exchange and related work (such as database updating) that is treated as a unit for the purposes of satisfying a request and for ensuring database integrity.

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