A business transaction is an event involving an interchange of goods, money or services between two or more parties. The transaction can be as brief as a cash purchase or as long-lasting as a service ...

Imagine the following two scenarios, and try to figure out what the real difference is. First, your competitor blatantly lies in its advertising about the effectiveness of its products; second, your ...

A non-transaction, as it relates to the cash flow statement, is a non-cash transaction. Non-cash transactions involve assets, liabilities, debt and equity and only impact investing and financing cash ...