Question

accounting means recording of transactions or events or both .?

plz tell correct ​

Answer 1

Answer:

here is your answer

Explanation:

What Is an Accounting Event?

An accounting event is a transaction that is recognized in the financial statements of an accounting entity. A company must record in its accounting records any economic event that impacts the company's finances. Examples of accounting events include such things as recording the depreciation of an asset, the payment of dividends to investors, the purchase of materials from a supplier, and the sale of goods to a customer.