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anything a business does that is an exchange of something for something else most often the exchange is giving or receiving cash either now or

anything a business does that is an exchange of something for something else

most often the exchange is giving or receiving cash either now or in the future

ex. provide services or goods to customers in exchange for chad

ex. purchase a delivery truck and pay cash for the truck

ex. pay an employee for work

ex. pay a utility company for electricity provided

ex. borrow money from the bank and agree to pay it back with interest

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