Chapter 1, Problem 1.1AP

A Below are typical transactions for Hewlett-Packard.

Type of Business Activity	Transactions
1. _____	Pay amount owed to the bank for previous borrowing.
2. _____	Pay utility costs.
3. _____	Purchase equipment to be used in operations.
4. _____	Provide services to customers.
5. _____	Purchase office supplies.
6. _____	Purchase a building.
7. _____	Pay workers’ salaries.
8. _____	Pay for research and development costs.
9. _____	Pay taxes to the IRS.
10. _____	Sell common stock to investors.

Required:

Indicate whether each transaction is classified as a financing, investing, or operating activity.