Question

what is minitory Teansaction​

Answer 1

✒A monetary transaction is one in which one institutional unit makes a payment (receives a payment) or incurs a liability (receives an asset) stated in units of currency.

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A monetary transaction can be loosely defined as one where someone makes or receives a payment and includes deposits, withdrawals, and exchanges. Specific examples of monetary transactions include electronic funds transfers, checks, money orders, gift cards, and bartering.

Answer 2

Answer:

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what is minitory Teansaction

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A monetary transaction is one in which one institutional unit makes a payment (receives a payment) or incurs a liability (receives an asset) stated in units of currency.

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