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Accounting considers all the transactions which are
  • a)
    financial nature
  • b)
    financial and non financial nature
  • c)
    concern with business
  • d)
    involves cash
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Accounting considers all the transactions which area) ...
An accounting transaction is a business event having a monetary impact on the financial statements of a business. It is recorded in the accounting records of the business. Examples of accounting transactions are: Sale in cash to a customer.
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Accounting considers all the transactions which area) financial nature b) financial and non financial nature c) concern with business d) involves cash Correct answer is option 'A'. Can you explain this answer?
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Accounting considers all the transactions which area) financial nature b) financial and non financial nature c) concern with business d) involves cash Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Accounting considers all the transactions which area) financial nature b) financial and non financial nature c) concern with business d) involves cash Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Accounting considers all the transactions which area) financial nature b) financial and non financial nature c) concern with business d) involves cash Correct answer is option 'A'. Can you explain this answer?.
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