Accountancy, asked by Anonymous, 8 months ago

what is the meaning of financial transaction ??​

Answers

Answered by samriddhi9547
11

Answer:

Answer:A financial transaction is an agreement, or communication, carried out between a buyer and a seller to exchange an asset for payment. It involves a change in the status of the finances of two or more businesses or individuals. ... It is still a transaction if the goods are exchanged at one time, and the money at another.

Answered by Anonymous
5

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✒✒A financial transaction is an agreement, or communication, carried out between a buyer and a seller to exchange an asset for payment. It involves a change in the status of the finances of two or more businesses or individuals. It is still a transaction if the goods are exchanged at one time, and the money at another.

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