Multiple choice

Which of the following transaction is a business transaction where the payment of the receipt of money is postponed to a future date?

  1. Paper transaction

  2. Credit transaction

  3. Cash transaction

  4. Drawing

  5. Transaction
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

This transaction is a business transaction where the payment or the receipt of money is postponed to a future date.

Keep practicing — related questions