What is money
Money is any value which can be used to carry out transactions.Traditionally money was any precious item such as shells and gold which were used to carry out transaction for goods and
services which had been purchased by the customers.
But the trend has changed nowadays since money means something else apart from shells and gold.
Money is nowadays known to consists of coins and paper note.It first started with coins before the notes were introduced later on.The coins are used to carry out small transaction's while the notes are used for carrying out huge transaction's.The coins are difficult to carry than notes which are very portable to carry.
Business's usually carries out transaction's of goods and services and they securely keep the money received at their bank account's inorder to access them safely when required them for another transaction's.
services which had been purchased by the customers.
But the trend has changed nowadays since money means something else apart from shells and gold.
Money is nowadays known to consists of coins and paper note.It first started with coins before the notes were introduced later on.The coins are used to carry out small transaction's while the notes are used for carrying out huge transaction's.The coins are difficult to carry than notes which are very portable to carry.
Business's usually carries out transaction's of goods and services and they securely keep the money received at their bank account's inorder to access them safely when required them for another transaction's.
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