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For each of the following items, indicate which part will be affected. 1. Depreciation Expense. A. Operating B. Investing C. Financing D. No Impact 1

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For each of the following items, indicate which part will be affected. 1. Depreciation Expense. A. Operating B. Investing C. Financing D. No Impact 1 2. Proceeds from the sale of equipment used in the business. A. Operating B. Investing C. Financing D. No Impact 3. The Loss on the Sale of Equipment in Question #2. A. Operating B. Investing C. Financing D. No Impact 4. Declaration and payment of dividends on company's stock A. Operating B. Investing C. Financing D. No Impact 5. Gain on the sale of Automobile formerly used in the business A. Operating B. Investing C. Financing D. No Impact 6. The proceeds from the sale of the automobile in Item #5. A. Operating B. Investing C. Financing D. No Impact 7. An increase in the balance in a retailer's Merchandise Inventory. A. Operating B. Investing C. Financing D. No Impact 8. An increase in the balance in Accounts Payable. A. Operating B. Investing C. Financing D. No Impact 9. Retirement of long-term Bonds Payable. A. Operating B. Investing C. Financing D. No Impact 10. Purchase of Treasury Stock (company's own stock). A. Operating B. Investing C. Financing D. No Impact

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