what is business and business transaction
Answers
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. Examples of business transactions are: Buying insurance from an insurer. Buying inventory from a supplier.
Explanation:
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a person's regular occupation, profession, or trade.
"experts who typically conduct their business over the internet"
commercial activity.
"firms who want to do business with Japan"
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. Examples of business transactions are: Buying insurance from an insurer. Buying inventory from a supplier.