Sorry, no online dictionaries contain the exact phrase effects of transactions and other events are recognised when they occur.

Reverse dictionary results:
1. journal
2. blotter
3. daybook
4. prescience
5. asset
6. slow
7. fate
8. fates
9. over
10. happen
11. psychophysics
12. chronology
13. realism
14. intervene
15. synchronize
16. synchronizing
17. synchronized
18. dysgraphia
19. live
20. register
21. registered
22. life
23. destiny
24. account
25. prescient
26. act
27. acy
28. sct
29. synchronise
30. finish
31. drop
32. course
33. cycle
34. final
35. dream
36. history
37. program
38. market
39. tide
40. base

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You can look up the words in the phrase individually using these links:   effects ?   of ?   transactions ?   and ?   other ?   events ?   are ?   recognised ?   when ?   they ?   occur ?
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