Respuesta :
The accounting concept which relates to separating the reporting of business economic transactions and personal economic transactions is Business Entity Concept.
An enterprise transaction needs to have the subsequent characteristics: It must be for a sum sure in cash (i.e., of a financial price) It ought to be supported via a source document (e.g. sales bill, reliable receipt, disbursement voucher, remittance recommendation, and so forth.) It has to have a -fold effect on the elements of accounting.
In accounting, a transaction in any economic enterprise occasion impacts an enterprise's financial statements. because transactions include any occasion that has a monetary impact on your economic information, there are a lot of gadgets that are transactions. based totally on the change of cash, there are 3 forms of accounting transactions, specifically coins transactions, non-coins transactions, and credit transactions.
Learn more about transactions here: https://brainly.com/question/1016861
#SPJ4
