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QS 12-1 Transaction classification by activity LO C1 Classify the following cash flows as either Operating Investing, or Financing activities assuming indirect method. 1 Paid

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QS 12-1 Transaction classification by activity LO C1 Classify the following cash flows as either Operating Investing, or Financing activities assuming indirect method. 1 Paid cash for a building 2 Received cash from sale of equipment 3. Cash paid to purchase short-term investments 4 Paid long-term debt with cash 5 Received cash from short term debt issuance 6. Issued common stock for cash 7 Paid cash for wages and salanes 8 Received cash interest on a note 9. Received cash dividends from investments 10. Paid cash for rent

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