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Transactions and Accounting Equation:

Learning Objectives:

After studying this topic you should be able to:
 
  Define and explain business transaction.
  Explain the features of a business transaction.
  Classify the transactions.
  Explain the rules for deciding whether a transactions is cash transaction or credit transaction.
  Define and explain accounting equation for sole proprietorship and corporation.
 

Contents:

Read our high quality articles about business transactions and accounting equation:
 
  Definition and explanation of a business transaction
  Features of a business transaction
  Classification of business Transactions
  Cash and Credit Transactions
  Accounting Equation




A D V E R T I S E M E N T

 

 

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