Identify each of the following business activities into the appropriate category: Operating, Investing, or Financing.
A. Paid utilities expenses.
B. Paid employee wages.
C. Dividends to stockholders.
D. Borrowed money from a bank on a long-term note.
E. Received investment from stockholder.
F. Paid an amount due on a long-term bank loan.
G. Purchase of land.
H. Sale of used equipment.
A. Operating
B. Operating
C. Financing
D. Financing
E. Financing
F. Financing
G. Investing
H. Investing
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a. true b. false
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