Cash transactions

_____________________ are any activities that takes place in a business such as buying, selling and receiving and paying money.

There are 3 types of business transactions namely ________________,_________________and __________________.

A ________________ is a business transaction that can be immediately settled in cash.

1)For the day to day running of a business there should be _____________and _______________.

Cash inflows are _____________ of the business.

Cash outflows are ________________ of the business.