Identify whether each of the following transactions results in a cash flow effect from operat-ing, investing, or financing activities, and indicate the effect on cash (+ for increase and €“ for decrease). If there is no cash flow effect, write €œnone€:

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Operating, Investing, or Financing Effect Direction of the Effect Transaction Cash paid to suppliers Sale of goods on account Cash received from customers Purchase of investments for cash Cash paid for interest Issuance of shares for cash