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Classify each transaction below as an operating activity O an investing activity L, a financing activity F or a non cash investing and financing activity

Classify each transaction below as an operating activity O an investing activity L, a financing activity F or a non cash investing and financing activity NA (not applicable). (Hint: when answering write a. O or l or For NA)

  1. Bonds payable are issued
  2. Interest on a short-term note receivable is collected.
  3. New Equipment is purchased.
  4. Purchase of inventory.
  5. Vehicle is purchased by signing a 3-year, 5% note payable.
  6. Cash dividends paid to common shareholders.

e. Shares of another company purchased.

h. Gain made in sale of Land.

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