Question:Revenues are a measure of the inflows of assets (or reductions in liabilities) from selling goods and providing services to customers. Which of the following is NOT a revenue transaction? 

A Sale of merchandise for cash to a customer 

B Sale of merchandise on account to a customer 

C Delivery of weekly magazines to a subscriber who previously paid for a one-year subscription 

D Borrowing money from a local bank to be used in the business 

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