Ask Question
5 November, 15:49

Implicit transaction

+1
Answers (1)
  1. 5 November, 17:33
    0
    Dear user,

    Answer to your query is provided below

    Implicit Transaction are like Rent of owned building, Interest of own capital etc.

    Explanation:

    These transactions deals with the expenditure incurred on the intangible items.

    Implicit transaction refers to the opportunity transaction of using firm's own resources.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Implicit transaction ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers