identify which of the following transactions fall under operating,investing, and financing activities 1. Cash received from customers 2. Cash paid to suppliers 3. Cash paid to employees 4. Cash paid to purchase equipment (the company does not sell equipment) 5. Cash received from the sale of furniture (company’s main line of business is not related to furniture) 6. Depreciation expense 7. Sale of goods on credit 8. Purchase of goods on credit 9. Cash received from getting a loan from a bank

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Q: Pre-Assessment Identify the following as Operating, Investing or Financing Activity. Write your…

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A:

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