Question: Below are typical transactions for a company. Required: Select the type of business activity as financing, investing, or operating for each transaction. Type of Business

Below are typical transactions for a company. Required: Select the type of business activity as financing, investing, or operating for each transaction. Type of Business Transactions Activity 1. Issue common stock. 2. Receive cash from a bank loan. 3. Sell products to customers. 4. Pay employees' wages. 5. Purchase equipment. 6. Pay dividends to stockholders. Financing Financing Operating Operating Operating Financing 7 Sell building. Financing 8. Purchase office supplies. Financing 9. Pay utilities. Investing 10. Pay for maintenance on delivery vehicles. Investing

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