Question

which of the following transaction occur on daily basis in a large business organisation​

Answer 1

Answer:

The purchase requisition is always deemed to be taking place on a daily basis in the organization so that the stock for production and quantity of items for production is not depleted. If the large business organization deals in more sales, they should do credit sales on a daily basis.

Answer 2

Credit sales occur on daily basis in a large business organization​.

• Various business transactions take place in a large organization on a daily basis but sales are the financial transaction that occurs every day.  Because it is the most important part of a working business organization.
• Credit sales are recorded as transactions in the accounting journal as a credit in the sales account.
• The purchase requisition is always deemed to be taking place on a daily basis in the organization so that the stock for production and quantity of items for production is not depleted.
• If the large business organization deals in more sales, they should do credit sales on a daily basis.