Below are typical transactions for a company. Indicate whether each transaction is classified as a financing, investing, or operating activity.

Type of Business Activity Related Transactions 1. ________ Sell common stock to investors.

2. ________ Receive cash from customers.

3. ________ Incur amounts owed to employees.

4. ________ Sell services to customers.

5. ________ Incur cost of utilities.

6. ________ Purchase rent one year in advance.

7. ________ Pay for cost of advertising.

8. ________ Purchase building for operations.

9. ________ Purchase supplies on credit.

10. ________ Distribute cash to stockholders.