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

Classify each item as an operating, investing, or financing activity. Assume

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. Proceeds from sale of building.
c. Redemption of bonds payable.
d. Cash received from sale of goods.
e. Payment of dividends.
f. Issuance of common stock.
all items involve cash unless there is information to the contrary. a.

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