Classify each item as an operating, investing, or financing activity. Assume all items involve cash unless there
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Classify each item as an operating, investing, or financing activity. Assume all items involve cash unless there is information to the contrary.
(a) Purchase of equipment.
(d) Cash received from sale of goods.
(b) Sale of building.
(e) Payment of dividends.
(c) Redemption of bonds.
(f) Issuance of capital stock.
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9781119316022
8th Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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