Business, Legal & Accounting Glossary
A transaction or change (internal or external) recognised by the accounting recording system.
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.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Accounting Event are sourced/syndicated and enhanced from:
This glossary post was last updated: 6th July, 2019 | 30 Views.