Accountancy, asked by ramvivekramvivek43, 5 months ago

what is cash trancation

Answers

Answered by Sharwin22

Answer:

A cash transaction refers to a transaction which involves an immediate outflow of cash towards the purchase of any goods, services, or assets. ... A cash transaction stands in contrast to other modes of payment, such as credit transactions in a business involving bills receivable.

Answered by parveshkumar270762

Answer:

cash transaction refers to a transaction which involves an immediate outflow of cash towards the purchase of any goods, services, or assets. ... A cash transaction stands in contrast to other modes of payment, such as credit transactions in a business involving bills receivable.

Explanation:

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