Question: Classify each transaction as either an operating activity OA, an investing activity IA, or a financing activity FA, or a noncash investing and financing activity

Classify each transaction as either an operating activity OA, an investing activity IA, or a financing activity FA, or a noncash investing and financing activity NC. +1/2 per Selected transactions for the Entity A are listed below. _____ 1. Common stock is sold for cash. _____ 2. Interest is paid to a lender on a short-term note payable. _____ 3. Land is purchased by signing a 3-year, 5% note payable. _____ 4. Cash dividends paid. _____ 5. Cash sale of a long-term investment. _____ 6. Retire bonds payable. _____ 7. Common stock is exchanged for equipment. _____ 8. Land was sold for its book value. _____ 9. Cash paid to suppliers for inventory. _____ 10. Loan to a customer in financial difficulty.

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