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Accounting Event |
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Accounting Event Anything that alters a company's financial statement. Accounting events may be external; for example, a sale is an accounting event because it reduces inventory and increases revenue. Likewise, they may be internal; for example, depreciation and amortization are accounting events because they show up on a balance sheet even though no cash changes hands. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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