Question

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. ​

Answer 1

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.