In: Accountancy How many types of Business Transactions are there in Financial Accounting? How many types of Business Transactions are there in Financial Accounting? 1 Answer afaq 97 Questions 67 Answers 3 Best Answers 18 Points View Profile afaq Added an answer on July 18, 2020 at 6:52 pm There are two types of business transactions in financial accounting. Revenue Transaction: Revenue transactions include the short-term effect on the business. Capital Transaction: Capital Transaction is a long-term effect on the business example: purchase of fixed assets. 0 Reply Share Share Share on WhatsApp Share on Facebook Share on Twitter Share on LinkedIn Sorry, you do not have a permission to answer to this question.