E 2-14 For each of the following items Exercise 2-14 For each of the following items, indicate whether it would be classified and reported under the operating activities (OA), investing activities (IA), or financing activities (FA) section of a statement of cash flows: Cash receipts from selling merchandise
Cash payments for wages and salaries
Cash proceeds from sale of stock
Cash purchase of equipment
Cash dividends paid
Cash received from bank loan
Cash payments for inventory
Cash receipts from services rendered
Cash payments for taxes
Cash proceeds from sale of property no longer needed as expansion site
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