Accountancy, asked by s1238abhijeet6152, 6 months ago

what is transaction? are transaction and event are same?​

Answers

Answered by Anonymous
6

While transactions are the deliberate acts performed by the business entities, events are the results of the transactions. 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.

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Answered by Anonymous
5

ANSWER:-

Transcation is an single occurrence of selling or buying anything.

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No;Transaction any event are different because event are objects in time or instantiations of properties in objects.

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