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Identify each item as operating? (O), investing? (I), financing? (F), or? non-cash (N). Identify each item as operating (O), investing (1), financing (F), or non-cash
Identify each item as operating? (O), investing? (I), financing? (F), or? non-cash (N).
Identify each item as operating (O), investing (1), financing (F), or non-cash (N). 1. Cash receipt from the sale of equipment 2. Cash payment for salaries 3. Cash receipt from the collection of long-term notes receivable 4. Purchase of equipment in exchange for notes payable 5. Cash receipt from the issuance of common stockStep by Step Solution
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