Question

Stock of goods of rupees 10000 is a _______ event

Answer 1

Answer:

Good event

Explanation:

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Answer 2

Answer:

An event

Explanation:

Unsold items i.e Closing stock is captured in the financial statements as 'Current Assets'.

An event can be internal or external. This is an internal event.

There is no exchange of goods or services or money. Hence, it cannot be termed as a 'transaction'.