14 15 Question 33 (1 point) For accounting purposes, the day to day activities of a business are classified as 7 18 Investing Operating 21 Standard 3 24 Financing 27 Question 34 (1 point) Recording the effects of a transaction on a company's economic resources and claims in the period in when a transaction occurs is known as 18 Current 1 Cash Basis 36 Accrual Basis 39 Relevance 42 Question 35 (1 point) A company issued 5.000 shares to an investor in return for $100.000. The shares are now worth $250.000. What journal entry should the company make based upon this information? 45 No entry required until the end of the fiscal year No entry required Dr. Cash $150.000: Cr. Share Capital $150.000 Dr. Shareholders Equity $150.00. Cr. Share Capital $150.000 10