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Transaction |
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Transaction
Transaction An act of commerce. ?Transaction? is an all-encompassing term covering buying, selling, bartering, and any other action resulting in the exchange of goods and/or services. In accounting, a transaction is any event that is or ought to be recorded on a person's or company's balance sheet. Transactions are the foundation of economics and underlie every activity. It is also known as trade. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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