Answer Posted / satyaki_raju@yahoo.com
A transaction is a particular type of external event which
can be expressed in terms of money and brings change in
financial position of a business unit.A transaction
involves transfer of something of value between two or more
entities.A transaction may be in exchange in which each
party receives as well as sacrifices value.
| Is This Answer Correct ? | 8 Yes | 0 No |
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