utils_example_conversion1.java

public final class TransactionUtils {
    
    public static void getTransactionWithFormattedTime(Transaction transaction) {
       String oldTransationTime = transaction.getTransactionTime(); 
       transaction.setTransactionTime(SomeFormattings!!!)  ;   
    }
}

//Lets say we are in the ViewHolder of a RecyclerView.Adapter
public void onBindViewHolder(...){
    
   TransactionUtils.getTransactionWithFormattedTime(transaction);

   transactionTime.setText(transaction.getTransactionTime());   
}