Aktivitas Belajar 15.2

Summary

In this video, Mrs. Lea explains the different types of business transactions, categorizing them into external and internal transactions. External transactions involve parties outside the company, such as purchasing raw materials or renting premises. Internal transactions relate to activities within the company, like employee salaries or equipment use. The script also discusses business transactions, which are related to company operations, like sales or unpaid income, and capital transactions, involving investments or withdrawals from owners. The discussion highlights how both transaction types impact a company's financial operations.

Takeaways

• 😀 External business transactions involve activities with parties outside the company, such as purchasing raw materials and paying for rentals.
• 😀 Internal business transactions are activities related to parties within the company, such as employee salary payments and equipment use.
• 😀 External transactions are often linked to efforts to generate profits for the company.
• 😀 Examples of external transactions include buying equipment, paying for building rentals, and purchasing business premises.
• 😀 Internal transactions are typically related to company operations, such as the use of equipment and machine depreciation.
• 😀 Business transactions are related to the company's day-to-day operations and include income from sales and purchases of raw materials.
• 😀 Business transactions also include accounts receivable, where the company has completed work but has not yet received payment.
• 😀 Income received in advance refers to payments the company has already received but the work has not yet been completed.
• 😀 Capital transactions are related to the company's capital and involve actions like investments or withdrawals by the company owner or investors.
• 😀 Examples of capital transactions include investment capital from the owner, withdrawals by the owner, and payments for operational expenses like electricity and telephone bills.

Q & A

What are external business transactions?

External business transactions are all transactions or business events related to parties outside the company. These typically involve efforts to gain profits from the company's operational activities, such as purchasing raw materials, paying for building rentals, or acquiring equipment.

Can you give examples of external business transactions?

Examples of external business transactions include purchasing raw materials, renting buildings, buying business premises, or acquiring equipment needed for business operations.

What defines internal business transactions?

Internal business transactions are transactions or economic events related to parties within the company, such as divisions, departments, or employees. These transactions often involve internal processes and resources, like paying employee salaries or using company equipment.

What are some examples of internal transactions?

Examples of internal business transactions include paying employee salaries, using company machinery (which may result in depreciation), or other activities within the company that are part of its operational processes.

How do external transactions differ from internal transactions?

External transactions involve parties outside the company, like suppliers or customers, and are usually tied to profit-making activities. Internal transactions, on the other hand, occur within the company itself, involving internal resources, departments, or employees.

What are business transactions in the context of the company?

Business transactions refer to all economic activities related to the company's operations. These include activities like the sale of merchandise, whether in cash or on credit, purchasing raw materials for production, or dealing with accounts receivable (income yet to be received).

Can you explain the concept of accounts receivable in business transactions?

Accounts receivable refers to income that the company has earned through sales or services but has not yet received payment for. The work or transaction has been completed, but the customer has not paid.

What is meant by income received in advance?

Income received in advance refers to money the company has received from a customer before performing the agreed work or service. This payment is recorded before the completion of the transaction.

What are capital transactions in business?

Capital transactions are economic activities related to the company's capital, often involving the company's owners or investors. These include investment capital or initial capital from the business owner or investors, as well as withdrawals or other financial activities tied to company capital.

What are some examples of capital transactions?

Examples of capital transactions include the company's initial investment by the owner, investments from external investors, withdrawals of funds by the business owner, or payments for operational costs such as electricity or telephone bills.