A potential customer is extremely interested in renting a bicycle from Toronto Island Bike Rentals Hoermals is inertion to rent a bike rast month and sets up the date and time to the rental Would anscount consider this event a transaction to be recorded in the accounting records? Explain Antention to rent is cash changes and then transaction because an event has will have taken place that affects the financial position of the company and can be measured by When a source document is received or when