Question: Classify each transaction as either a(n)operating activity, investing activity, financing activity, or non-cash investing and financing activity by placing a X in the correct column.

Classify each transaction as either a(n)operating activity,
investing activity, financing activity, or non-cash investing and financing activity
by placing a X in the correct column.
Operating Investing Financing Non-cash invest/fin
a. a. Decrease in prepaid expense.
b. b. Increase in accounts payable.
c. c. Purchase of treasury stock.
d. d. Building is sold for cash at book value.
e. e. Bonds payable are converted into common stock.
f. f. Equipment is purchased for cash.
g. g. Issued preferred stock above par value.
h. h. Receipt of dividends on investment in stock.
i. i. Bonds payable are issued for cash at a discount.
j. j. Decrease in accounts receivable.
k. k. Cash dividends are paid.
l. l.. Increase in inventory.

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