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For each of the following cash transactions, identify whether it is better described as an operating, financing. or imvesting activity Transaction 1. An entrepreneur contributes

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For each of the following cash transactions, identify whether it is better described as an operating, financing. or imvesting activity Transaction 1. An entrepreneur contributes his own money to start a new business. 2. The business buys a machine. 3. The business purchases inventory. 4. The business sells inventory to customers. 5. The business repays a loan

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