Answers

Question and Answer:

  Home  Transactional Accounts

⟩ List the examples of accounting transactions?

Examples of accounting transactions are:

★ Sale in cash to a customer

★ Sale on credit to a customer

★ Receive cash in payment of an invoice owed by a customer

★ Purchase fixed assets from a supplier

★ Record the depreciation of a fixed asset over time

★ Purchase consumable supplies from a supplier

★ Investment in another business

★ Investment in marketable securities

★ Engaging in a hedge to mitigate the effects of an unfavorable price change

★ Borrow funds from a lender

★ Issue a dividend to investors

★ Sale of assets to a third party

 224 views

More Questions for you: