ACC 206 WEEK 1 ASSIGNMENT 2

ACC 206 WEEK 1 1. Classification of activities
Classify each of the following transactions as arising from an operating (O), investing (I), financing (F), or noncash investing/financing (N) activity. 
a.	________ Received $80,000 from the sale of land. 
b.	________ Received $3,200 from cash sales. 
c.	________ Paid a $5,000 dividend. 
d.	________ Purchased $8,800 of merchandise for cash. 
e.	________ Received $100,000 from the issuance of common stock. 
f.	________ Paid $1,200 of interest on a note payable. 
g.	________ Acquired a new laser printer by paying $650. 
h.	________ Acquired a $400,000 building by signing a $400,000 mortgage note.

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