what is the meaning of event in accounting
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Explanation:
MEANING OF ACCOUNTING:
Accounting is the process of recording financial transactions pertaining to the business.
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Explanation:
An accounting event is a transaction that is recognized in the financial statements of an accounting entity. ... Examples of accounting events include such things as recording the depreciation of an asset, the payment of dividends to investors, the purchase of materials from a supplier, and the sale of goods to a customer.
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