Operating, Asset, or Financing Activity (use dropdown menu to select answer) Item 1. Purchasing a piece of equipment. 2.

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Operating Asset Or Financing Activity Use Dropdown Menu To Select Answer Item 1 Purchasing A Piece Of Equipment 2 1 (130.86 KiB) Viewed 53 times

Operating, Asset, or Financing Activity (use dropdown menu to select answer) Item 1. Purchasing a piece of equipment. 2. Selling merchandise for cash. 3. Borrowing money from the bank. 4. Paying an overdue utility bill. 5. Making an interest payment on a loan. 6. Paying for a billboard advertisement. 7. Collecting an overdue account. 8. Purchasing inventory. 9. Making a principal payment on a loan. 10. Selling merchandise paid for with a credit card. 11. Selling a damaged set of shelving. 12. Withdrawing cash by the owner. 13. Paying for market research on a potential new store. 14. Taking a check from a customer for merchandise. 15. Paying a lawyer to defend the business in a lawsuit. 16. Purchasing a used delivery truck. 17. Paying a commission check to an employee. 18. Paying a delivery charge for the delivery of inventory. 19. Upgrading the roof of a retail store. 20. Borrowing money from a neighboring business.