Posted: August 1st, 2016

Identify whether each transaction below is an operating system?

Identify whether each transaction below is an operating, investing or financing activity. Assume the indirect method.

A. Purchase of plant seeds.
B. Increase in accounts payable.
C. Decrease in accounts receivable.
D. Payment of long-term loan
E. Net income
F. Depreciation expense.
G. Payment of dividends.
H. Issuing stock
I. Increase in investing.
J. Decrease in taxes payable

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