The following provides a list of transactions and a list of


Question: The following provides a list of transactions and a list of business activities.

Transactions                                         Business Activities

1. Borrow from the bank.                             a. Financing

2. Provide services to customers.                  b. Investing

3. Issue common stock to investors.             c. Operating

4. Purchase land.

5. Pay rent for the current period.

6. Pay dividends to stockholders.

7. Purchase building.

Required: Match the transaction with the business activity by indicating the letter that corresponds to the appropriate business activity.

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Finance Basics: The following provides a list of transactions and a list of
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