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Question #1 Selected transactions of Yang Corp., a public company reporting under IFRS, are listed below 1. Collected an account receivable 2. Declared and paid

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Question #1 Selected transactions of Yang Corp., a public company reporting under IFRS, are listed below 1. Collected an account receivable 2. Declared and paid dividends on common shares 3. Sold long-term investments for cash. 4. Issued common shares in exchange for new equipment. 5. Repaid a five-year note payable 6. Paid employee salaries 7. Converted bonds payable to common shares 8. Acquired a long-term investment with cash. 9. Sold buildings and equipment for cash 10. Sold merchandise to customers Instructions Classify each transaction as either (a) an operating activity, (b) an investing activity, (c) a financing activity, or (d) a noncash investing and financing activity

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