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 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 year$-$end bonus.

All of the above are business transactions.