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Item 1: For Entity A, classify each transaction as either an operating activity OA, an investing activity IA, or a financing activity FA, or
Item 1: For Entity A, classify each transaction as either an operating activity "OA", an investing activity "IA," or a financing activity "FA," or a noncash investing and financing activity "NC." +1/2 per Selected transactions for the Entity A are listed below. 1. Bonds are issued for cash to raise funds for a new venture. 2. Cash dividends are received on common stock investments in other companies. 3. Land is purchased by signing a 3-year, 5% note payable. 4. Cash dividends paid. 5. Cash sale of a long-term investment. 6. Common stock is issued for cash. 7. Common stock is exchanged for equipment. 8. Equipment was sold for its book value. 9. 10. Cash paid to suppliers for inventory. A long-term bank loan is repaid early.
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