Discuss the type of business activity transactions

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Reference no: EM131519236

Question: 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.

Reference no: EM131519236

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