Question: Select from the option list provided the appropriate balance sheet classification for each asset below. Each choice may be used once, more than once, or

Select from the option list provided the appropriate balance sheet classification for each asset below. Each choice may be used once, more than once, or not at all.

Purchase of available-for-sale securities

Purchase of land

3. Dividends distributed to shareholders

4. Equipment acquired through capital lease

Sale of trading securities

3. Dividends distributed to shareholders

7. Equipment acquired through purchase

8. Dividends received

9. Interest paid

10. Interest received

11. Retirements of bond principal

. Issuance of preferred shares

Options- investing activity, operating activity, financing activity, noncash investing and financing activity, not reported on statement of cash flows, depends on nature and purpose

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