what is transaction?
- 5 Answers
- 7095 Views
- Capital IQ, I also Faced
- E-Mail Answers
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 |
What is the difference between P/L A/c and Balance sheet? When an adjustment account is prepared?
WHAT IS GOODWIL ?
What is provision and reserve and how u treat in account
13 Answers Accenture, ASD Lab, Capital IQ, Ramky,
what is bpo is related wit accounts
WHAT IS THE DIFFERENCE BETWEEN RESERVE CAPITAL AND CAPITAL RESERVE?
how to pass journal entry for vat paid in tally?
EXPAND_________TAN
What Is Fundamental Analysis?
What is the difference between Cash Flow & Fund Flow
differnce between the 4.7 & 6.0 versions?
WHAT IS 'MORTGAGE AND REVERSE MORTGAGE'?
3 Answers BA Continnum Solutions,
What is 'C'Form ? and what are the uses with 'C'Form? its realed to Central Govt ( or ) State Govt.
4 Answers Genpact, ITC Infotech, MC Engineers,
Audit 
