Indicate the proper classification for each of the transactions by inserting the proper letter in the space to the left.
Classifications
A.Operating Activities
B.Investing Activities
C.Financing Activities
D.Schedule of non-cash transactions
E.Not included in the statement of cash flows
Transaction
____ 1.Declared a cash dividend.
____ 2.Paid a previously declared cash dividend.
____ 3.Issued shares for a new machine.
____ 4.Borrowed cash on a short-term note.
____ 5.Borrowed cash on a long-term note.
____ 6.Purchased treasury shares for cash.
____ 7.Paid interest on a note payable.
____ 8.Purchased treasury shares and gave a long-term note payable.
____ 9.Purchased land with a short-term note payable.
___ 10.Purchased shares in another company.
___ 11.Purchased land for cash.
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