The answer was Capital Gain on apex for anyone seeing this now :)
in transition the states are changed from one state to another but in event the signals are changed or trigered with respect to that signal.
"All transactions are event but all events are not transaction."Before explaining this statement we have to know what is an event & what is a transaction.Event.In general some happenings are called "Event".It changes the status of a person,a community,a country and organigation or of a substance.The consequence of anything; the issue; conclusion; result; that in which an action, operation, or series of operations, terminates.According to accountant Mr.E.L.Kohlar "A process or part of a process having particular moment and place of occurrence is an Event.Example : India won 1983 cricket world cup. In the other hand transaction is called when the exchange of a commodity or service in terms of unit money exchange.TransactionsAn agreement between a buyer and a seller to exchange an asset for payment.In accounting, any event or condition recorded in the book of accounts.A Transaction is any process a user performs after successfully logging in. Examples of Transactions are making a purchase, bill pay, money transfer, stock trade, address change, and others.With each type of Transaction, different type of details are involved. For example, in a stock trade, the data involved would be the symbol, unit price, number of shares, buy or sell action, time of trade, total amount, broker commission, and so on.As Mr.A.Field stone defined the definition of transaction is "A transaction consists of an exchange or transfer of value , either in the form of money or goods or services which are measured and expressed in terms of money."According to Yoston, Smyth and Brown "Transaction is an event , involving transfer of money or moneys worth , the recognition of which gives rise to record in the books of account."In the other hand Noble & Niwonger said that "Any happenings which brings change in the pattern of assets or liabilities or proprietorship of a business concern , is a financial transaction to it ."Example : Purchase a motor car worh Rs. 2,00,000.So from this definition we can find that every incident are called event . But when an incident happens with a moneytory term it called transaction. So we defiantly can say that " All transactions are event but all events are not transaction."
A business transaction is a financial event that changes the value in certain accounts and therefore affects the financial position of the business.
under cash base system of accounting/book keeping transaction is recorded in the books of accounts when actually cash received or paid relevant to the transaction, whereas, in accrual Base system of accounting there is not any compulsion to actually receive or pay cash before recording the transaction in the books of accounts but only evidence of an event is needed to record it!
There is a plethora of "economic events" that are not (necessarily) business transactions. A supervisor taking his/her employees to lunch on his own dime is not a business transaction, but it obviously affects (and is often affected by) the economy. If what you mean by this is to list economic events that are not recorded by the bookkeeping process, then the answer might be a little more specific. Hiring of employees is not recorded on the general ledger. Promoting or giving raises to those employees would not be recorded as such on most general ledgers (although the "salaries payable" column will obviously be affected by such an economic event).
The whole event resulted from a minor miscommunication.
Economic event is the 'Name of transaction where monetory values are involves"
tundra doctrine
Chinese Revolution
A potential liability that arises from a past transaction and is dependent on a future event.
The historical event which resulted in the creation of world-famous chocolates in the Basque speaking city of Bayonne was the Spanish Inquisition.
in transition the states are changed from one state to another but in event the signals are changed or trigered with respect to that signal.
XYZ Affair
We don’t have the quote.
trail of tears
Of or pertaining to narration; relating to the particulars of an event or transaction., Apt or inclined to relate stories, or to tell particulars of events; story-telling; garrulous., That which is narrated; the recital of a story; a continuous account of the particulars of an event or transaction; a story.
Of or pertaining to narration; relating to the particulars of an event or transaction., Apt or inclined to relate stories, or to tell particulars of events; story-telling; garrulous., That which is narrated; the recital of a story; a continuous account of the particulars of an event or transaction; a story.