Business, 10.12.2019 01:31 kaziyahf2006
Classify each item as an operating, investing, or financing activity. assume all items involve cash unless there is information to the contrary and the indirect method is used.
(a) purchase of equipment.
operating activity financing activity investing activity
(b) proceeds from sale of building.
financing activity operating activity investing activity
(c) redemption of bonds.
financing activity operating activity investing activity
(d) depreciation.
investing activityoperating activityfinancing activity
(e) payment of dividends.
financing activity operating activity investing activity
(f) issuance of common stock.
financing activity operating activity investing activity
Answers: 3
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Classify each item as an operating, investing, or financing activity. assume all items involve cash...
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