During 2025, Simms Company redeemed $2,000,000 of bonds payable for $1,880,000 cash. Indicate how this transaction would

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During 2025, Simms Company redeemed $2,000,000 of bonds payable for $1,880,000 cash. Indicate how this transaction would be reported on a statement of cash flows, if at all.

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Intermediate Accounting

ISBN: 9781119790976

18th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Question Posted: Jun 27, 2023 03:25 AM

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During 2025, Simms Company redeemed $2,000,000 of bonds payable for $1,880,000 cash. Indicate how this transaction would

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Intermediate Accounting

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