Classify each of the following processes as either a revenue process, expenditure process, conversion process, or administrative

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Classify each of the following processes as either a revenue process, expenditure process, conversion process, or administrative process:

a. Selling common stock to raise capital

b. Purchasing electronic components to manufacture DVD players

c. Moving electronic components from the stockroom to the production floor to begin making DVD players

d. Paying employees at the end of a payroll period

e. Preparing financial statements

f. Receiving cash payments from customers

g. Buying fixed assets

h. Moving manufactured DVD players from the production floor to the warehouse


Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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