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SIX (14marks) The following provides a list of transactions and a list of business activities. Transactions Business Activities 1.) Pay for advertising. a. Financing 2.
SIX (14marks) The following provides a list of transactions and a list of business activities. Transactions Business Activities 1.) Pay for advertising. a. Financing 2. Pay dividends to stockholders b. Investing 3.) Collect cash from customer for previous sale c. Operating 4. Purchase a factory to be used for operations 5. Purchase insurance one year in advance 6.) Sell a vehicle previously used to make deliveries 7. Receive a loan from the bank. Required: Match the transaction with the business activity by indicating the letter that corresponds to the appropriate business activity
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