In cash transactions, goods or services are purchased for a certain value to be paid in the future.

State whether the following statement are true or false with reason :

In cash transactions, goods or services are purchased for a certain value to be paid in the future.

Monjur Alahi

5 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

This statement is False.

In a cash transaction, goods or services are purchase or sold for spot payments or receipts. No credit is allowed

5 views Answered 2023-02-05 15:29

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