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Question 8 Which of the following is NOT a business transaction? A company sells goods to a customer on account. A company applies for a
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Which of the following is NOT a business transaction?
A company sells goods to a customer on account.
A company applies for a mortgage that will be used to purchase a new office building.
A company signs a contract for services to be provided during the first quarter of the next fiscal year
and pays for the services when the contract is signed.
A company pays its employees a yearend bonus.
All of the above are business transactions.
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