Question: Indicate if the following transactions increase or decrease cash and classify the transactions as Operating, Investing or Financing Activities 1. Pay taxes 2. Collect

Indicate if the following transactions increase or decrease cash and classify the transactions as Operating, Investing or Financing Activities 1. Pay taxes 2. Collect cash from customers 3. Issue common stock 4. Take out a loan from a bank 5. Purchase stock in another company 6. Sell government debt security 7. Buy a patent 8. Retire a bonds payable 9. Pay dividends 10. Pay insurance 11. Pay interest on a loan 12. Pay principal on a loan 13. Pay salaries 14. Repurchase treasury stock 15. Sell a copyright to another firm 16. Pay suppliers for inventory 17. Dividend payments received from stock investment. 18. Interest payments received from investment in government debt securities. Enter | For increase and D Enter O for Operating, I for Investing, and F for decrease. for Financing. D 0 | F |

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