Identify each of the following business activities 1 through 6 into the appropriate category a,b,and c.
a.Operating
b.Investing
c.Financing
____ 1.Paid utilities expenses.
____ 2.Withdrawal of funds by owners.
____ 3.Purchase of land.
____ 4.Sale of used equipment.
____ 5.Borrowed money from a bank on a long-term note.
____ 6.Paid employee wages.

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The Answer of Identify each of the following business activities 1 through 6 into the appropriate category a,b,and c.
a.Operating
b.Investing
c.Financing
____ 1.Paid utilities expenses.
____ 2.Withdrawal of funds by owners.
____ 3.Purchase of land.
____ 4.Sale of used equipment.
____ 5.Borrowed money from a bank on a long-term note.
____ 6.Paid employee wages.

Identify Each of the Following Business Activities 1 Through 6