Question: Which of the following is an example of an Asset Use Transaction? Melissa Co. uses cash to pay its employees. Anna Co. received $500,000 by

Which of the following is an example of an Asset Use Transaction?

Melissa Co. uses cash to pay its employees.

Anna Co. received $500,000 by selling its products to customers.

Tulip Co. uses cash to buy inventory.

Franco Co. acquired $500,000 of cash by borrowing from a bank.

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