The following provides a list of transactions and a list of business activities Transactions 1 Borrow from the bank 2 Provide services to customers 3 Issue common stock to investors 4 Purchase land 5 Pay rent for the current period 6 Pay dividends to stockholders 7 Purchase building Business Activi...

The following provides a list of transactions and a list of business activities. Transactions 1. Borrow from

Question:

The following provides a list of transactions and a list of business activities.
Transactions
1. Borrow from the bank.
2. Provide services to customers.
3. Issue to investors.
4. Purchase land.
5. Pay rent for the current period.
6. Pay dividends to stockholders.
7. Purchase building.
Business Activities
a. Financing
b. Investing
c. Operating

Required:
Match the transaction with the business activity by indicating the letter that corresponds to the appropriate business activity.

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...