How Many of the Following Transactions Are Operating Activities? Borrowed

question 55

Multiple Choice

How many of the following transactions are operating activities? Borrowed $50,000 from the bank
Purchased $12,000 in supplies
Provide services to customers for $27,000
Paid the utility bill of $750
Purchased a delivery truck for $12,000
Received $25,000 from issuing common stock

• A)One.
• B)Two.
• C)Three.
• D)Four.

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Definitions:

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