Consider the following business activities 1. Purchase of goods for resale 2. issue of common shares 3. sale of equipment that the company has finished using 4. receipt of bank loan 5. purchase of long term investment 6. purchase of equipment 7. Sale of merchandise to customers 8. Payment of salaries to employees 9. Sale of long term investment 10. Repayment of loan owed to bank 11. Payment of divedends 12. Payment of interest on money Borrowed