an exchange of value between two entities which causes a change in the accounting equation is called…

an exchange of value between two entities which causes a change in the accounting equation is called. multiple choice an external transaction net income the accounting equation recordkeeping or bookkeeping an asset.

an exchange of value between two entities which causes a change in the accounting equation is called. multiple choice an external transaction net income the accounting equation recordkeeping or bookkeeping an asset.

Answer

Brief Explanations:

An external transaction is an exchange of value between two entities that impacts the accounting equation. Net income is a result of operations, the accounting equation is a formula, record - keeping is the process of documenting transactions, and an asset is a resource owned. The description in the question fits the definition of an external transaction.

Answer:

A. An external transaction