Business Studies, asked by abhijeetchauha9529, 1 year ago

All the transactions are events but all the events are not transactions give an example.

Answers

Answered by prathameshnair29
1

Suppose Alpha Ltd. is a supplier of cycles, which costs Rs. 4200 per cycle. Beta Ltd. purchases 20 cycles from Alpha Ltd. @ Rs. 5000 per cycle. The purchasing and selling that took place between the two business entities is a transaction, while the reduction in stock and profit earned is an event.

Conclusion

Therefore, it is right to say, all transactions are events, but all events are not transactions because to become a transaction, an event must be of financial nature. The transaction is nothing but business activity, that can be expressed in monetary terms, while an event is just the ultimate result of the transaction

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