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5. State whether each of the following events should be classified as an operating activity (O), investing activity (1), financing activity (F), or shown in
5. State whether each of the following events should be classified as an operating activity (O), investing activity (1), financing activity (F), or shown in a separate schedule of non-cash investing and financing activities (N). a. Paid cash dividends b. Repaid bonds payable by issuing common stock c. Paid for inventory purchased on account d. Paid interest on a short-term note payable e. Had a stock split f. Paid for a 3-year insurance policy in advance 8. Issued preferred stock in exchange for land h. Issuey common stock for cash 1. Received cash from sale of land J. Purchased equipment for cash
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