Candy Cane opened an lce cream store on June 1 and hired an accounting Intern...

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Accounting

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Candy Cane opened an lce cream store on June 1 and hired an accounting Intern to help her establish the business. The Intern has Identifled the following transactions. Which of these transactions is not an accounting transaction? Multiple Choice 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 Paid June rent of $2,300 Borrowed money from the bank by signing a promissary note for $5,000

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