what is transaction?
Answers were Sorted based on User's Feedback
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.
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / narasimha rao
transactin means transfer of money or money worth between
two parties
| Is This Answer Correct ? | 3 Yes | 1 No |
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.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / raghavendra
business transaction refers to business activity deals with
exchange of goods and service gives moneys and money worth
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / neha gupta
rranssation is that where we exchange of goods trassacts
the goocs in acconting it is the right mean of transsaction.
| Is This Answer Correct ? | 0 Yes | 1 No |
Hi any one send me the configuration steps for make to order and make to stock in sap .send to my mail id c.sujatha2008@gmail.com
comapny paid expense on behalf of other after due date , it recieved it, whichb type of entry company do in accounting? expense claims comes under personal account, real cccount or other?
Sent debit note to Vijay traders for short supply of material Rs 4500/-Pass entry
what are the golden rules of accounting?
is accounting a science or an art?
How do you identify the amount of realised gain or loss on the disposal of an investment asset?
which banks are CBS branches?
Expand---------PDCB
how many accouting standrs?
I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T
Expand---------EBCD
Can closing stock of current year be present in tht Trial Balance of said year...????