Question

All events are not transactions but all transactions are event with example

Answer 1

Event may or may not require two or more persons but transactions require atleast 2 persons. Events may not bring financial change but transactions definitely bring financial change. Events are not recorded in accounting books but transactions are recorded in accounting books.

Answer 2

Answer:

Event may or may not require two or more persons but transactions require atleast 2 persons. Events may not bring financial change but transactions definitely bring financial change. Events are not recorded in accounting books but transactions are recorded in accounting books.