Question: Brief Exercise 12-2 Classify each item as an operating, investing, or financing activity. Assume all items involve cash unless there is information to the contrary.

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) Cash received from sale of goods. (e) Payment of

Brief Exercise 12-2 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) Cash received from sale of goods. (e) Payment of dividends. (f) Issuance of capital stock

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