Transactional Accounts Interview Question:

List the examples of accounting transactions?

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Examples of accounting transactions are:
★ Sale in cash to a customer
★ Sale on credit to a customer
★ Receive cash in payment of an invoice owed by a customer
★ Purchase fixed assets from a supplier
★ Record the depreciation of a fixed asset over time
★ Purchase consumable supplies from a supplier
★ Investment in another business
★ Investment in marketable securities
★ Engaging in a hedge to mitigate the effects of an unfavorable price change
★ Borrow funds from a lender
★ Issue a dividend to investors
★ Sale of assets to a third party
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