Which one of the following transactions does not affect cash?

I could help you out, but you did not give the transactions.

To determine which transaction does not affect cash, we need to consider the nature of each transaction. Please provide the list of transactions you are referring to.

To determine which one of the following transactions does not affect cash, we need to analyze each transaction individually:

1. Purchase of inventory using cash: This transaction involves the exchange of cash for inventory, resulting in a decrease in cash.

2. Payment of accounts payable: This transaction involves settling a liability by paying the amount owed. It typically results in a decrease in cash.

3. Sale of goods for cash: This transaction involves the exchange of goods for cash, resulting in an increase in cash.

4. Accrual of salaries expense: This transaction does not involve cash. It is an accounting entry that recognizes an expense for work performed by employees, regardless of whether the payment has been made.

Based on this analysis, the transaction that does not affect cash is the accrual of salaries expense. It is important to note that while this transaction does not directly impact cash, it may have an indirect effect on future cash flows when the actual payment is made.