Question: 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

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.


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