I am not sure who to solve these. what is a rule of thumb to figure this out or to at least understand this .

es. dividends EX12#8: CLASSIFICATION OF ACCOUNTS BY BUSINESS (3pts) ACTIVITIES Instructions: Classify each transaction as either (O) an operating activity, (I) an investing activity, (F) a financing activity, or invest (NC) a non-cash investing and financing activity. nd equ bt or loan d equ or SELECTED TRANSACTIONS OF THE MAXTON CORPORATION ong. ARE LISTED BELOW. 1. EQUIPMENT IS PURCHASED BY SIGNING A 3-YEAR, 10% NOTE PAYABLE. 2. CASH DIVIDENDS ON COMMON STOCK ARE DECLARED AND PAID 3. ONE HUNDRED SHARES OF AMAZON.COM COMMON STOCK ARE PURCHASED FOR CASH. 4. PRODUCTIVE LAND IS SOLD FOR CASH AT BOOK VALUE. 5. BONDS PAYABLE ARE CONVERTED INTO COMMON STOCK