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. Investing Activity (b) Sale of building. Investing Activity Redemption of bonds. Financing Activity (d) Cash received from sale of goods. | Investing Activity (e) Payment of dividends. Financing Activity 12 Isuance of capital stock. Financing Activity

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