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Accounts receivable money owed - PowerPoint PPT Presentation

Accounting for a Service Business Unit 1.3

Accounting for a Service Business Unit 1.3. Transactions. What is a Transaction?. An event that occurs during the operation of a business and results in a financial change A business transaction always includes an exchange of value. Transaction. Something of value is given.

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Introduction to Accounting

Introduction to Accounting. What is accounting?. the system of recording and summarizing financial transactions and analyzing, verifying, and reporting the results http://www.merriam-webster.com/dictionary/accounting. Who uses accounting?. Everyone !

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Accounts receivable money owed - PowerPoint PPT Presentation

Accounting for a Service Business Unit 1.3

Introduction to Accounting