Identify each item as operating (O), investing (I), financing (F), or...
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Accounting
Identify each item as operating (O), investing (I), financing (F), or non-cash (N). 1. Cash receipt from the sale of equipment 2. Cash payment for salaries 3. Cash receipt from the collection of long-term notes receivable 4. Purchase of equipment in exchange for notes payable 5. Cash receipt from the issuance of common stock
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