10. Which of the following event is not a transaction? A. Payment of electric bill B. Purchase of office furniture C. Hiring an employee D. Borrowing money from the bank.

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asked Aug 3, 2024 143k views

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Joseph Khella · Answer 1 · 2024-08-09T16:59:51+0000

Answer:

D: Borrowing money from the bank.

Step-by-step explanation:

This is not a transaction because a transaction is an exchange of goods and services between the buyer and the seller, while borrowing money from the bank involves taking a loan from the bank, which is not an exchange of goods or services.

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10. Which of the following event is not a transaction? A. Payment of electric bill B. Purchase of office furniture C. Hiring an employee D. Borrowing money from the bank.

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10. Which of the following event is not a transaction? A. Payment of electric bill B. Purchase of office furniture C. Hiring an employee D. Borrowing money from the bank. ​

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10. Which of the following event is not a transaction? A. Payment of electric bill B. Purchase of office furniture C. Hiring an employee D. Borrowing money from the bank.