what is Transaction, what is Cash Credit and Barter Transaction
Transaction:- Transaction means transfer of money from one party to another party. For Ex: – sale of computer Purchase of furniture.
Cash Transaction:- When asset or goods are sold on cash or purchased on cash then this transaction is known as cash transaction.
Credit Transaction:- When asset or goods are sold on credit or purchased on credit then this transaction is known as credit transaction
Barter transaction :- when goods or services exchanged with other goods or services what is cash transaction Credit Transaction for more information visit our website
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