State whether the following business activities are an operating activity,an investing activity or a financing activity.
$\begin{array}{|l|l|l|}
\hline & \text { Business Activity } & \text { Type of Activity } \
\hline 1 . & \text { Hiring employees } & \
\hline 2 . & \text { Purchasing land } & \\hline 3 . & \text { Obtaining a loan from a bank } \
\hline 4 . & \text { Paying off a loan } \
\hline 5 . & \text { Selling equipment } \
\hline 6 . & \text { Selling goods and services } \
\hline 7 . & \text { Issuing stock } \
\hline 8 . & \text { Paying taxes } \
\hline
\end{array}$

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The Answer of State whether the following business activities are an operating activity,an investing activity or a financing activity.
$\begin{array}{|l|l|l|}
\hline & \text { Business Activity } & \text { Type of Activity } \
\hline 1 . & \text { Hiring employees } & \
\hline 2 . & \text { Purchasing land } & \\hline 3 . & \text { Obtaining a loan from a bank } \
\hline 4 . & \text { Paying off a loan } \
\hline 5 . & \text { Selling equipment } \
\hline 6 . & \text { Selling goods and services } \
\hline 7 . & \text { Issuing stock } \
\hline 8 . & \text { Paying taxes } \
\hline
\end{array}$

State Whether the Following Business Activities Are an Operating Activity,an