Question: Listed below are various activities that companies engage in during a period. a. The purchase of equipment b. The payment of a dividend c. The

Listed below are various activities that companies engage in during a period.
a. The purchase of equipment
b. The payment of a dividend
c. The purchase of supplies
d. The sale of equipment
e. The sale of goods or services
f. Borrowed money from a bank
g. Contribution of cash by owners
Required:
For each of the activities listed above, classify the activity as operating (O), investing (I), or financing (F).

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