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Classify each of the following as a(n): A. Operating Activity B. Investing Activity C. Financing Activity 1 Issuance of bonds. 2. Sale of equipment. 3.
Classify each of the following as a(n): A. Operating Activity B. Investing Activity C. Financing Activity
1 Issuance of bonds.
2. Sale of equipment.
3. Depreciation Expense
4. Purchase of treasury stock
5. Receipt of dividends on investment.
6. Purchase of land.
7. Paid employee wages.
8. Sold merchandise to customers.
9. Repaid five year note payable.
10. Acquired long-term investment with cash.
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