{"id":15948,"date":"2021-06-18T01:56:24","date_gmt":"2021-06-17T17:56:24","guid":{"rendered":"https:\/\/gerbangbisnes.com\/?p=15948"},"modified":"2024-11-02T23:32:22","modified_gmt":"2024-11-02T15:32:22","slug":"financial-management-for-fb-business-5-business-transactions","status":"publish","type":"post","link":"https:\/\/gerbangbisnes.com\/en\/financial-management-for-fb-business-5-business-transactions\/","title":{"rendered":"Financial Management for F&#038;B Business #5 &#8211; Business Transactions"},"content":{"rendered":"<p>Business transactions are of two (2) types: those involving cash exchange and those not involving cash.<\/p>\n<h3>Cash Business Transactions<\/h3>\n<p>Business transactions in food stalls and restaurants involve cash exchanges, such as when purchasing goods from suppliers. Similarly, customer payments for ordered food and drinks are also part of cash transactions.<\/p>\n<h3>Non-Cash Transactions<\/h3>\n<p>Non-cash transactions also occur in food stalls and restaurants. Examples include:<\/p>\n<ul>\n<li>Equipment wears out over time, and its value decreases according to the current market price. Adjustments for these decreasing values are called <strong>depreciation<\/strong>.<\/li>\n<li><strong>Accounts receivable<\/strong> for debts that cannot be collected (bad debt).<\/li>\n<\/ul>\n<p>All these transactions must be recorded\u2014whether they involve cash or depreciation in business value.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business transactions are of two (2) types: those involving cash exchange and those not involving cash.<\/p>\n","protected":false},"author":1,"featured_media":14302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","footnotes":""},"categories":[226,225],"tags":[],"class_list":["post-15948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-en","category-accounting-finance-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Financial Management for F&amp;B Business #5 - Business Transactions &#187; 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