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Which of the following events is not a business transaction?
Hired employees.
O Earned revenue for services provided.
◇ Incurred utility expenses for the month.
O Issuance of stock in exchange for cash.

Verified Answer :

GinnyAnswer

Final answer:

Issuance of stock in exchange for cash is not a business transaction, while hiring employees, earning revenue for services, and incurring utility expenses are.


Explanation:

Issuance of stock in exchange for cash is not a business transaction. Business transactions typically involve exchanges of goods, services, or money that impact the organization's financial position. In the case of issuing stock for cash, it represents a financing activity rather than a direct business operation.

On the other hand, hiring employees, earning revenue for services provided, and incurring utility expenses for the month are all examples of business transactions that directly affect the business's operations and financial statements.


Learn more about business transactions here:

https://brainly.com/question/38924533


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