Which of the following is a business transaction?

A) purchase inventory on account
B) plan advertising for upcoming sale
C) give employees a raise beginning next month
D) submit estimate for construction project

Purchase Inventory

The process by which a business buys goods and materials for use in producing its products or for resale to customers.

Advertising

Advertising is the action of calling public attention to products, services, needs, etc., through paid announcements by an identified sponsor.

Business Transaction

Any activity or event that involves the exchange of goods, services, or funds between two or more parties that affects the financial position of a business.