Classify Each of the Following as an Operating,investing,or Financing Activity

question 78

Essay

Classify each of the following as an operating,investing,or financing activity under ASPE:
a.Loaning money
b.Receiving cash from customers
c.Receiving interest revenue
d.Payments for inventory
e.Payments for interest
f.Receipt of cash from issuance of bonds payable
g.Receipt of cash from sale of equipment
h.Payments for acquisition of land
i.Receipt of cash from issuance of stock
j.Receipt of dividend income
k.Dividends paid to shareholders
l.Payment of salaries to employees
m.Payment of taxes

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Definitions:

Innovations

The process of implementing new ideas, creating dynamic products, or improving existing services to meet market needs.

Organization

A structured group of people working together to achieve common goals and objectives.

Parental Influences

Encompasses the effects that parents have on their children's psychological, social, and emotional development.

Personality

Personality encompasses the unique set of emotional, attitudinal, and behavioral response patterns of an individual, which are influenced by genetic, environmental, and developmental factors.