Business activities can be categories into three types; operating, investing, and financing. Operating activities include day to day business operation activities. Investing activities includes purchase or sale of assets of the business. Financing activities include the capital transactions like issuance of shares and repayment of debt, etc. To indicate: The classification for each activity.

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Chapter 2, Problem 2.10E

To determine

Concept Introduction:Business activities can be categories into three types; operating, investing, and financing. Operating activities include day to day business operation activities. Investing activities includes purchase or sale of assets of the business. Financing activities include the capital transactions like issuance of shares and repayment of debt, etc.

To indicate: The classification for each activity.

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