Question 1 Not complete Marked out of 10.00 Flag question Classifying Accounting Events Presented below is a list of accounting events for the Wayne Corporation. Classify each of the events as an operating activity event, an investing activity 1. Sale of common stock for cash 2. Collection of cash on accounts receivable 3. Purchase of equipment for cash 4. Sale of inventory on credit 5. Borrowed cash from a bank 6. Payment of a cash dividend 7. Payment of utility expense using cash 8. Purchase of land using bank financing 9. Repurchase of previously issued stock using cash 10. Cash payment of interest on a bank loan Check