Classify each item by type of business activity-operating (O), investing (I), or financing (F). (a) ________ Cash
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Classify each item by type of business activity-operating (O), investing (I), or financing (F).
(a) ________ Cash received from customers
(b) ________ Dividends paid to shareholders
(c) ________ Common shares issued to investors
(d) ________ Money borrowed from a bank
(e) ________ Purchase of an office building
(f) ________ Salaries paid
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118644942
6th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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