1.8 Classify each of the following items as belonging in the revenue, expenditure, human resources/payroll, production, or financing cycle.

a. purchase raw meterials

b. pay off morgtage on a factory

c. hire a new assistant controller

d. establish a $10,000 credit limit for a new customer

e. pay for raw materials

f. disburse payroll checks to factory workers

g. record goods recieved from a vendor

h. update the allowance for doubtful accounts

i. decide how many units to make next month

j. complete a picking ticket for a customer order

k. record factory employee time cards

l. sell concert tickets

m. draw on line of credit

n. send new employees to a business ethics course

o. pay utility bills

p. pay property taxes on an office building

q. pay federal payroll taxes

r. sell a dvd player

s. collect payments on customer accounts

t. obtain a bank loan

u. pay sales commissions

v. send an order to a vendor

w. put purchased goods into the warehouse