Classification of Transactions

____ 13. Anna Dimetros is the bookkeeper for Russia Imports, Inc. (RII), a New York Citybased company. Anna has collected the following cash flow information about RII for the most current year of operations.

From the information provided, classify each transaction for RII as ONE of the following:

Operating, Investing or Financing

Cash paid for wages of employees . . . . . . . . . . . . . . .. . $134,600 ___________________

Cash received from issuance of stock . . . . . . . . . . . . . . .. 50,000 ___________________

Cash received from customers . . . . . . . . . . . . . . . . . . . . 252,300 ___________________

Cash paid for taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23,500 ___________________

Cash paid for equipment . . . . . . . . . . . . . . . . . . . . . . . . ... 15,000___________________

Cash received from borrowing at bank . . . . . . . . . . . . . . .. 25,000____________________