At the end of financial year, during which sale of goods was worth $500000 the closing stock is valued at $ 40000 this is
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THE ANSWER IS (C)
IT WAS BOTH AN EVENT AND A TRANSACTION BECAUSE AT THE END OF EVERY FINANCIAL YEAR THERE IS AN EVENT AND A SALE OF GOOD WAS DONE SO THEREFORE IT WAS ALSO A TRANSACTION.
MARK BRAINLIEST PLEASE
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