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A 10-year bond was issued at face value for $250,000 cash. This transaction should be shown on a statement of cash flows as a(n) _____.
A 10-year bond was issued at face value for $250,000 cash. This transaction should be shown on a statement of cash flows as a(n) _____. a. operating activity b. financing activity c. investing activity d. noncash investing and financing activity
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
10th Edition
B010IKDQZM
