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Selected transactions for the Caulfield Ltd are listed below: 1. Collected cash from accounts receivable. 2. Debentures are issued for cash at a discount 3.

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Selected transactions for the Caulfield Ltd are listed below: 1. Collected cash from accounts receivable. 2. Debentures are issued for cash at a discount 3. Sold long-term investments for cash. 4. Issued shares for equipment 5. Repaid five year loan. 6. Paid employee wages. 7. Conversion of debt to ordinary shares. 8. Acquired long-term investment with cash. 9. Sold buildings and equipment for cash. 10. Sold merchandise to customers. Required: Classify each transaction as either an operating activity, an investing activity, a financing activity or a non-cash activity

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