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6 When a company purchases machines by insuing a long-term note payable for the entire amount, the transaction should be reported on the statement of

6 When a company purchases machines by insuing a long-term note payable for the entire amount, the transaction should be reported on the statement of cash fees in OA not included in cash flow statement OB investing activities, the second section OC operating activities, the first section OD. financing activities, the third section, Question 7 ABC Inc. has bonds outstanding with a par value of $100,000. The unamored discount on these bonds is $3.500 The company red these bonds t is the gain or loss on this retirement? OA 50 gain or loss OB $500 loss Oc. $3.500 gain OD. $3,500 loss

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