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Question 1 Classify each transaction as either an operating activity, financing activity or investing activity: 1.1 Purchased inventory on credit. (1 Mark) 1.2 Purchased a

Question 1

Classify each transaction as either an operating activity, financing activity or investing activity:

1.1 Purchased inventory on credit. (1 Mark)

1.2 Purchased a delivery vehicle via EFT. (1 Mark)

1.3 Interest charged on the bank overdraft. (1 Mark)

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