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Which of the following is an operating activity? Click the answer you think is right. Purchasing equipment Selling services t

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Answer #1

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  • Correct Answer = Option #2: Selling services to customer is an Operating Activity as it involves basis operation from which the company earns revenues.
  • Other options:
    >Purchasing equipment and selling building are ‘investing activity’.
    >Issuing common stock is a ‘financing activity’
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