Transact example sentences

It may be noted that, the number of transactions is very large and these are recorded in number of pages in the journal book.available for various aspects of business transactions.You have just participated in an effective communication transaction.The source document, as discussed earlier, is required to record the transaction in the journal.In a transaction, the names of accounts (or their accounting codes), date of transaction, amount, etc.As it originates from genuine trade transaction it is for value received and is enforceable.This column is meant to store the amount of transaction and is common to the accounts being debited and credited.Hence, a proper and complete records of all business transactions are kept regularly.This transaction was correctly recorded in the cashbook.The two-fold effect in respect of all transactions must be duly recorded in the book of accounts of the business.The account balances are used because the balance summarises the net effect of all transactions relating to an account and helps in preparing the financial statements.This is so because both aspects of the transaction appear in the cash book itself.It also enhances the comparability of the reporting of operating performance by different enterprises because it eliminates the effects of using different accounting treatments for the same transactions and events.For example, accounting data at transaction level is processed to produce balances of each account.Online transactions are captured to reward farmers for volume and value of usage.