1.2 - Buisness Transactions Flashcards

1
Q

Transaction

A

an exchange of things with value

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Accounting Period

A

the period of time covered by financial statements

How well did you know this?
1
Not at all
2
3
4
5
Perfectly