Company A has the following transactions with Company B. Required: 1., 2., & 3. For each transaction, indicate whether Company A would report the related account in the balance sheet or income statement. For accounts in the balance sheet, indicate whether it would be classified as an asset, liability, or stockholders' equity. For accounts in the income statement indicate whether it would be classified as a revenue or an expense. Indicate whether each transaction is classified as operating, investing, or financing activity. Financial Statement Account Activity Transactions 1. Company A purchases common stock of Company B. 2. Company A borrows from Company B by signing a note. 3. Company A provides services to Company B. 4. Company A pays interest to Company B on borrowing. Company A Related Account Investment Notes payable Service revenue Interest expense eport the related account in the balance sheet or income ild be classified as an asset, liability, or stockholders' equity. Fo ified as a revenue or an expense. Indicate whether each Related int Financial Statement Account Activity e Balance sheet Income statement 2 of 8 Next > Help Save & Exit Submit Check my work Led account in the balance sheet or income d as an asset, liability, or stockholders' equity. For nue or an expense. Indicate whether each Financial Statement Account Activity Asset Dividend Equity Expense Liability Revenue Next > 06:59 e sheet or income stockholders' equity. For ate whether each Account Activity Financing Investing Operating 6:59