
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275 Exercise 95
A start-up company often engages in the following activities during its first year of operations. Classify
each of the following activities into one of the three major activities of an organization.
F. Financing
I. Investing
O. Operating
_______ 1. Providing client services.
_______ 2. Obtaining a bank loan.
_______ 3. Purchasing machinery.
_______ 4. Research for its products.
_______ 5. Supervising workers.
_______ 6. Owner investing money in business.
_______ 7. Renting office space.
_______ 8. Paying utilities expenses.
each of the following activities into one of the three major activities of an organization.
F. Financing
I. Investing
O. Operating
_______ 1. Providing client services.
_______ 2. Obtaining a bank loan.
_______ 3. Purchasing machinery.
_______ 4. Research for its products.
_______ 5. Supervising workers.
_______ 6. Owner investing money in business.
_______ 7. Renting office space.
_______ 8. Paying utilities expenses.
Explanation
Identifying the three major business act...
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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