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Classify each of the following transactions for the purpose of the statement of cash flow as operating activities (OA),investing activities (IA),financing activities (FA),or not reported on the statement of cash flows (NA).
1)_____Sold land.
2)_____Made adjusting entry to recognize interest revenue on investments.
3)_____Borrowed funds from the bank.
4)_____Paid rent in advance for the next six months.
5)_____Paid cash to settle accrued salary expense.
6)_____Purchased supplies on account.
7)_____Collected accounts receivable.
Designer Drugs
Synthetic substances created to mimic or enhance the effects of illegal drugs, often with unknown health risks.
Medical Treatments
Interventions, including medications, surgeries, and therapies, used to treat or manage diseases, injuries, or other medical conditions.
Gene Pharming
The technique of using genetically modified plants or animals to produce pharmaceutical substances.
Transgenic Farm Animals
Animals that have had their genomes altered by the introduction of genetic material from other species, typically for improving traits such as growth rate, disease resistance, or productivity.
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