O AI DUAL CAMERA SHOT ON MI MIX 2S Fundamental Accounting Ex(2)- 7 Identifying types of cash activities Required On the form below, indicate with a mark in the appropriate column whether the event described should be classified as an operating, investing, or financing activity on the statement of cash flows, or if it does not appear on the statement at all. Type of Cash Activity Investing Financing Activity Activity Operating Activity Does not Appear Event a. Purchase land for cash b. Issue common stock to owners for cash C. Earn revenue on account d. Pay for advertising expense e. Pay dividend to owners f. Borrow money from the bank 8 Incur(occur) expenses on account h. Purchase land with a note payable 1. Collect cash from accounts receivable 1. Repay money borrowed from bank k. Pay cash on accounts payable Ex(2)- 8 Calculating net earnings and retained earnings using real-world information