Multiple Choice
How many of the following transactions are operating activities?
Borrowed $50,000 from the bank
Purchased $12,000 in supplies
Provide services to customers for $27,000
Paid the utility bill of $750
Purchased a delivery truck for $12,000
Received $25,000 from issuing common stock
A) One.
B) Two.
C) Three.
Correct Answer:
Verified
Correct Answer:
Verified
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