Use the following abbreviations to answer this question O
Use the following abbreviations to answer this question:
O ...... Operating activities item
I ....... Investigating activities item
F ...... Financing activities
Required:
Classify each of the following transactions according to whether they are operating, financing, or investing activities:
a. Payment of employee wages
b. Cash collected from customers for sales
c. Payment of dividends
d. Purchase of land for an office building
e. Repayment of debt owed to a financial institution
f. Purchase of shares of another company
g. Cash received as rent payment from a tenant in a building owned by the company
h. Issuance of shares
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