Definition of Business transaction:
An economic event that initiates the accounting process of recording it in a companys accounting system.
How to use Business transaction in a sentence?
- The politician who believed in free market capitalism was arrested for soliciting a prostitute; he shrugged it off and just said it was a legitimate business transaction .
- You should always try to make sure that both parties in the business transaction are happy with how things played out.
- Andrea knew that, while she was personally upset, the selling of her companys New Brunswick office was just a business transaction that made since because most of their customers lived further south.
Meaning of Business transaction & Business transaction Definition