ard Which of the following is NOT a business transaction? A company fired 10 percent of the employees due to lackluster sales O A company borrows money from the bank. O A company sells land for cash. A company buys goods on account. Question 2 A company completed the following transactions during the 1. Purchased office supplies on account, $5400. II. Provided services for cash, $21,000. III. Provided services on account, $36,000. IV. Collected cash from a customer on account, $29,000. V. Paid the monthly rent of $4600