Solved

Match Each of the Following Transactions with the Appropriate Business

Question 202

Matching

Match each of the following transactions with the appropriate business activity.

Premises:
Issuance of stock.
Purchase of equipment.
Payment of dividends.
Sale of T-shirts to a customer.
Payment of advertising.
Sale of used equipment.
Responses:
Investing activity
Financing activity
Operating activity

Correct Answer:

Issuance of stock.
Purchase of equipment.
Payment of dividends.
Sale of T-shirts to a customer.
Payment of advertising.
Sale of used equipment.
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