Question 7 2 pts Determine whether each of the following transaction is an operating, investing, financing,...
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Question 7 2 pts Determine whether each of the following transaction is an operating, investing, financing, or noncash investing / financing activity. If the activity is not represented anywhere on the statement of cash flows, use the "no impact" option. Purchased equipment using a long-term note. [Select] Paid insurance in advance for the next year. [Select] Repaid the principle on a loan taken out from the bank. [Select] Purchased a long-term investment. Investing Repurchased previously sold common stock as treasury stock. [Select] Paid dividends to shareholders. Financing Lent money to another company and recorded a notes receivable. [Select] Question 7 2 pts Determine whether each of the following transaction is an operating, investing, financing, or noncash investing / financing activity. If the activity is not represented anywhere on the statement of cash flows, use the "no impact" option. Purchased equipment using a long-term note. [Select] Paid insurance in advance for the next year. [Select] Repaid the principle on a loan taken out from the bank. [Select] Purchased a long-term investment. Investing Repurchased previously sold common stock as treasury stock. [Select] Paid dividends to shareholders. Financing Lent money to another company and recorded a notes receivable. [Select]
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