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Below are typical transactions for Hewlett Packard Type of Business Activity Transactions 1. ____________

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.

Apr 25 2020 View more View Less

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