Solution-Assume all items involve cash unless there is

Assume all items involve cash unless there is information

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Reference no: EM131144905

1. Classify each item as an operating, investing, or financing activity. Assume all items involve cash unless there is information to the contrary.
(a) Purchase of equipment.
(b) Sale of building.
(c) Redemption of bonds.
(d) Depreciation.
(e) Payment of dividends.
(f) Issuance of capital stock.

Reference no: EM131144905

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Assume all items involve cash unless there is information

Reference no: EM131144905

Reference no: EM131144905

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