Indicate whether each of the following cash activities would be reported on the statement of cash flows as
(a) An operating activity,
(b) An investing activity, or
(c) A financing activity.
1. Issued capital stock
2. Paid rent
3. Paid for office equipment
4. Sold services
5. Issued a note payable
6. Sold excess office equipment
7. Paid officers’ salaries
8. Paid for advertising
9. Paid insurance
10. Paid dividends