Question: For Entity A, classify each transaction as either an operating activity OA, an investing activity IA, or a financing activity FA, or a noncash investing

For Entity A, 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. Bonds are issued for cash to raise funds for a new venture.

_____ 2. Cash dividends are received on common stock investments in other companies.

_____ 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. Common stock is issued for cash.

_____ 7. Common stock is exchanged for equipment.

_____ 8. Equipment was sold for its book value.

_____ 9. Cash paid to suppliers for inventory.

_____ 10. A long-term bank loan is repaid early.

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