A business transaction in which money comes into the business immediately after the goods are delivered or services are rendered is called ____________.

Cash Transaction

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Credit Transaction

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Black Money Transaction

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Hawala Transaction

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Solution

The correct option is A Cash Transaction
A cash transactions is a transaction where there is an immediate payment of cash for the purchases of an asset. It differs from other type of transactions that involves delayed delivery of purchased item, or delayed payment for the item.

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