Business, 06.05.2020 02:11 hannah5143
The statement of cash flows for Baldwin Company shows what happens in the Cash account during the year. It can be seen as a summary of the sources and uses of cash (sources of cash are added, uses of cash are subtracted). Which of the following is true if Baldwin issues bonds:
a. It is a source of cash and will be shown in the financing section as an addition.
b. It is a use of cash, and will be shown in the operating section as a subtraction.
c. It is a source of cash, and will be shown in the operating section as an addition.
d. It is a use of cash, and will be shown in the financing section as a subtraction.
Answers: 2
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