Accountancy, asked by virendrapandey8469, 9 months ago

What is the cash transactions

Answers

Answered by ashugupta2280
62

Answer:

A cash transaction is a transaction where payment is settled immediately. It is the immediate payment of cash for the purchase of an asset.

Answered by ItzNishant
14

\huge\bold\purple{Answer}

A cash transaction is the immediate payment of cash for the purchase of an asset. Some market stock transactions are considered cash transactions although the trade may not settle for a few days. A futures contract is not considered a cash transaction.....

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