Match Each Activity Below with the Proper Classification by Inserting

question 99

Essay

Match each activity below with the proper classification by inserting the proper capital letter in the space to the left. Classification of Activity
I. Investing
F. Financing
O. Operating $$\begin{array} { | l | l | } \hline \quad\quad& \text { 1. Collection of interest on a note receivable } \\\hline & \text { 2. Payment of debt principal with cash } \\\hline & \text { 3. Sales of operational assets } \\\hline & \text { 4. Payment of cash dividends } \\\hline & \text { 5. Issuance of shares for cash } \\\hline& \text { 6. Borrowing cash from the bank } \\\hline &\text { 7. Purchase of operational assets for cash } \\\hline &\text { 8. Collections of dividends on long term investments } \\\hline\end{array}$$

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Definitions:

Dishonored

In relation to financial transactions, it refers to the refusal of payment on a check, note, or bill when presented.

Bill of Exchange

A bill of exchange is a written order used primarily in international trade that binds one party to pay a fixed amount of money to another party at a predetermined date or on demand.

Goldsmith

Traditionally, an artisan who crafts objects out of gold, but the term can also refer to a person or establishment dealing in gold and gold products.