A transaction is an exchange or event that directly affects the assets,liabilities,or stockholders' equity of a company.

Name: A transaction is an exchange or event that directly affects the assets,liabilities,or stockholders' equity of a company.
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Question

Quizplus · Accepted Answer

A transaction is an event or activity that has a direct and measurable financial effect on the assets,liabilities,or stockholders' equity of a business.

A Transaction Is an Exchange or Event That Directly Affects