The statement of cash flows


Determine whether each of the following would be reported in the financing activities section of the statement of cash flows and, if so, specify whether it is a cash inflow or outflow.

1. Sale of bonds at a discount.

2. payment of interest on a bond

3. Early retirement of a bond with a 5 percent call premium.

4. Amortization of a bond discount.

5. Payment of bond principal upon maturity.

6. sale of bond from one investor to another. Transaction was in cash.

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Accounting Basics: The statement of cash flows
Reference No:- TGS0677944

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