Activities would be reported in haven statement


Haven Corporation issued $700,000 of 10-year bonds payable at par in 2005. During 2009 Haven paid $50,000 interest and an additional $233,333 to retire one-third of the bonds at par.These activities would be reported in Haven's statement of cash flows for 2009 as?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Activities would be reported in haven statement
Reference No:- TGS0693243

Expected delivery within 24 Hours