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Please classify the transactions in the photo as operating activity, financing activity, investing activity, non-cash activity or cash management activity. Also do provide the reasoning
Please classify the transactions in the photo as operating activity, financing activity, investing activity, non-cash activity or cash management activity. Also do provide the reasoning for the same.
5.(a) Sahan Company entered into the following transactions. Classify the following as operating activity, financing activity, investing activity, non-cash activity or cash management activity. 1. Paid suppliers. 2. Received dividend from an associate. 3. Purchased copyrights for cash. 4. Issued debentures in exchange for equipment: 5. Paid interest on bank overdraft. 6. Converted debentures into equity shares. 7. Received payments from customers. 8. Purchased investments for cash. 9. Paid advance to a supplier of equipment.r 10. Sold a 90-day Treasury bill_-2 11. Collected instalment payments for the sale of an old plant. 12. Disposed of equipment at a gain 13. Sold equipment for cash at carrying amount. 14. Issued convertible debentures for cash (7)Step by Step Solution
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