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gOOvER gOOvER
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6 years ago
Classify each event below as an operating activity, investing activity, or financing activity.

a)   ________   Owner invested cash into the entity.
b)   ________   Purchased equipment for cash.
c)   ________   Paid salaries of employees.
d)   ________   Collected cash on account and from cash customers.
e)    ________   Paid utilities for the current period.
f)   ________   Borrowed money from the bank.
g)   ________   Pay for interest on bank loan.
h)   ________   Owner withdraws cash from the business for personal use.
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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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HanoiHanoi
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gOOvER Author
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5 years ago
Your help has been outstanding, keep it up!
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