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Question 1 Classify each item as an operating, investing, or nancing activity. Assume all items involve cash unless there is information to the contrary. (a)

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Question 1 Classify each item as an operating, investing, or nancing activity. Assume all items involve cash unless there is information to the contrary. (a) Purchase of equipment. Investing Activity (b) Sale of building. Financing Activity (c) Redemption of bonds. Financing Activity 4} (d) Cash received from sale of goods. 4} (e) Payment of dividends. 4} (f) Issuance of capital stock

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