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Kelly Corporation had these transactions during 2017 (4 pts.). Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity.
Kelly Corporation had these transactions during 2017 (4 pts.). Analyze the transactions and indicate whether each transaction is an operating activity, investing activity, financing activity. [Select] [Select] [Select] [ Select] [Select] [Select] [Select] [Select] ) Purchased a machine for $30,000 for cash. ) Issued $50,000 par value common stock for cash. Paid $18,000 to suppliers. ) Collected $16,000 from sale of goods. ) Received $10,000 cash dividends. Paid $5,000 cash dividends. ) Paid $5,000 salaries to employees. ) Borrowed $5,000 cash from a local bank.
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