A company reported that its bonds with a par value of $50,000 and a carrying value of $61,500 are retired for $65,400 cash, resulting in a loss of $3,900.
The amount to be reported under cash flows from financing activities is:
a.$(3.900).
b.$11.500
c.$(65,400)
d.$(61.500),
e.$(11500)
Answers: 2
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A company reported that its bonds with a par value of $50,000 and a carrying value of $61,500 are re...
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