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Which of the following transactions would not be classified as a financing activity? A) purchase...

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Question

Accounting

Which of the following transactions would not be classified as a financing activity?

A) purchase of a treasury stock

B) payment of dividends

C) issuance of bonds at a discount

D) purchase of a long term investment in bonds

I think answer is either a. or d. I'm just not sure which one. Please explain your answer.

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