Candy Cane opened an ice cream store on June $1$ and hired an accounting intern to help her establish the business. The intern has identified the following transactions. Which of these transactions is not an

accounting transaction?

Multiple Choice

Paid June rent of $$2,300$

Purchased $$3,400$ of milk and cream from a local dairy

Signed a contract to deliver $$1,200$ of ice cream for a July $4$th party

Borrowed money from the bank by signing a promissory note for $$5,000$