Accounting Transactions

An accounting is an information system that provides reports for different individuals or groups of economic activity of a business organization or other entity.

Accounting transactions
"It is the economic events that affect a company's property position".
Examples of transaction services company:
1. The initial investment
2. Purchase of fixed assets (cash or credit)
3. Purchase of consumables (cash or credit)
4. Sales of credit
5. cash sales
6. pay debt
7. receive receivables
8. Borrowing money to Bank
9. Pay expenses
10. Withdrawal of money the owner (prive)