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Question 2 1 Which of the following would not be considered an operating activity? Purchase supplies on account Sell goods to customers Pay employees for

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Which of the following would not be considered an operating activity?

Purchase supplies on account

Sell goods to customers

Pay employees for work completed

Purchase equipment for cash

Which of the following line items appear on an income statement?

Accounts Payable

Equipment

Utilities Expense

Retained Earnings

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