Chapter 1, Problem 21E

Match each transaction a through e to one of tire following activities of an organization financing activity (F), investing activity (I), or operating activity (O).

___________ a. An owner contributes cash to the business in exchange for its common stock.

___________ b. An organization borrows money from a bank.

___________ c. An organization advertises a new product.

___________ d. An organization sells some of its land.

___________ e. An organization purchases equipment.