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A corporation received $80,000 in cash when it sold common stock and used the proceeds to pay $60,000 in bonds payable. As a result, the
A corporation received $80,000 in cash when it sold common stock and used the proceeds to pay $60,000 in bonds payable. As a result, the statement of cash flows would report which of the following
$20,000 as the net cash used in financing activities. |
$20,000 as the net cash provided by investing activities. |
$20,000 as the net cash used in investing activities. |
$20,000 as the net cash provided by financing activities. |
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