Business, Legal & Accounting Glossary
A transaction or (internal or external) change recognised by the accounting recording system.
Events are recorded as debit and/or credit entries.
For example: When a Sale is made for cash the double entry for the sales transaction would be debit bank, credit sales.
The Company will otherwise settle exercise of Warrants exercised in connection with an Accounting Event in accordance with Section 5.10.
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This glossary post was last updated: 6th July, 2019