Accountancy, asked by anikchy196, 1 year ago

All Transaction are Event but all event are not transction-comment with examples

Answers

Answered by ashini2021
1

sorry ...

which type of event you are talking about?

Answered by Anonymous
1

Yes, this statement is true

In accounting, all the transactions are recorded, as and when they take place, whereas only those events are recorded in the books of accounts which are of financial in nature. ... The scope of an event is wider than a transaction because a transaction is an event, but an event may or may not be a transaction.

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