Question: Use the same abbreviations as in AP1 11 to classify each

Use the same abbreviations as in AP1-11 to classify each of the following transactions according to whether they are operating, financing, or investing activities:
a. Proceeds from the sale of an investment in another company’s shares
b. Net income
c. Cash paid to suppliers of inventory
d. Acquisition of a long-term bank loan
e. Depreciation of the factory building
f. Purchase of a truck used for deliveries
g. Payment of dividends

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  • CreatedJune 11, 2015
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