Selected transactions of Rudiment Inc., a public corporation, reporting under IFRS, are listed below:
1. Furniture was sold for cash.
2. Inventory purchased for cash.
3. Bond investment receivable was collected.
4. Equipment was acquired by signing a 5-year lease agreement.
5. Dividends were paid in cash.
6. Issued 10,000 common shares to acquire land.
7. Accounts payable were paid.
8. Paid one-year of insurance in advance.
9. Repaid a portion of the company's long-term mortgage payable.
10. Collected accounts receivable.
Instructions
Classify each transaction as either
a) an operating activity,
b) an investing activity,
c) a financing activity, or
d) a noncash investing and financing activity.

Question

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The Answer of Selected transactions of Rudiment Inc., a public corporation, reporting under IFRS, are listed below:
1. Furniture was sold for cash.
2. Inventory purchased for cash.
3. Bond investment receivable was collected.
4. Equipment was acquired by signing a 5-year lease agreement.
5. Dividends were paid in cash.
6. Issued 10,000 common shares to acquire land.
7. Accounts payable were paid.
8. Paid one-year of insurance in advance.
9. Repaid a portion of the company's long-term mortgage payable.
10. Collected accounts receivable.
Instructions
Classify each transaction as either
a) an operating activity,
b) an investing activity,
c) a financing activity, or
d) a noncash investing and financing activity.

Selected Transactions of Rudiment Inc