Answer / chandu

Transaction means any work or exchange of goods or
services,in accounting we are considering all
financial(which have monetary character means measure in
monitory terms) issues are transactions.

Answer / narasimha rao

transactin means transfer of money or money worth between
two parties

Answer / srinivas chowdary

Transaction is an event that changes the organisations

financial position and/or it's earnings.

exp1:when an amount of rs 5000 is deposited in xyz bank

then the cash balance reduces ,bank balance increases

exp2: in the same way when some body sold some stock for cash

then the stock reduces and cash increases.

Answer / raghavendra

business transaction refers to business activity deals with
exchange of goods and service gives moneys and money worth

Answer / neha gupta

rranssation is that where we exchange of goods trassacts
the goocs in acconting it is the right mean of transsaction.

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