Question: Select from the option list provided the best classification for each activity below. Each choice may be used once, more than once, or not at
Select from the option list provided the best classification for each activity below. Each choice may be used once, more than once, or not at all. Cash flow Classification 1. Purchase of available-for-sale debt securities 2. Purchase of land 3. Dividends distributed to shareholders 4. Equipment acquired through capital lease 5. Sale of trading securities 6. Collection of trade receivables 7. Equipment acquired through purchase 8. Dividends received 9. Interest paid 10. Interest received 11. Retirements of bond principal 12. Issuance of preferred shares
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