tudy & Practice Ass Assignment Gradebook ORION Downloadable eTextbook pen Assignment Exercise 5-13 Your answer is partilly correct. Try again. The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classify each of the transactions 1. Operating activity-add to net income. 3. Investing activity. 4. Financing activity. s listed b by2. Operating activity-deduct from net income 5. Resported as sgnfiant noncash actvity The transactions are as follows. Transactions Classifications of Activities (a) Issuance of common stock. (b) Purchase of lnd and building (c) Redemption of bonds (d) Sale of equipment. Operating Activity-Add to Net Income Investing Activity Financing Activity Operating Activity-Add to Net Income v Operating Activity-Deduct from Net Income v machinery (c) Redemption of bonds (d) Sale of equipment. (e) Depreciation of machinery (0 Amortization of patent. (g) Issuance of bonds for plant assets. (h) Payment of cash dividends (i) Exchange of furniture for office equipment. Reported as Significant Noncash Activity G) Purchase of treasury stock. (k) Loss on sale of equipment. (1) Increase in accounts receivable during the year. Operating Activity-Add to Net Income (m) Decrease in accounts payable during the year. Financing Activity Click if you would like to Show Work for this question: Ozen Show Wod Financing Activity Operating Activity-Add to Net Income Operating Activity-Deduct from Net Income v Investing Activity Investing Activity Financing Activity v Investing Activity Financing Activity Rights Reserved. A Division urlln -11.L