Concept Introduction:
Organizational activities:
Organizational activities are the activities those are performed to maintain the operation of a business. Financing, investing or operating activities are three major organizational activities.
Operating activities:
Operating activities includes regular business activities such as cash received from sale of products, supplier payments, client servicing.
Investing activities:
Investing activities are performed for buying and selling of assets such as building, machinery.
Financing Activities:
Financing activities are performed for arranging or repaying, equity or debt such as payment of dividends, cash received from owner.
To Describe:
The organizational activities and outline the major business activities and give two examples for each.

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Chapter 1 Solutions
FUNDAMENTAL ACCOUNTING PRINCIPLES
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