English

Give the word term or phrase which can substitute the following statement: A person to whom amount is payable. - Book Keeping and Accountancy

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Question

Give the word term or phrase which can substitute the following statement:

Exchange between two persons.

One Word/Term Answer

Solution

Exchange between two persons. - Transaction

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Basic Accounting Terminologies
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Chapter 1: Introduction to Book - Keeping and Accountancy - EXERCISE [Page 16]

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Balbharati Book Keeping and Accountancy [English] 11 Standard Maharashtra State Board
Chapter 1 Introduction to Book - Keeping and Accountancy
EXERCISE | Q 2. 4) | Page 16

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