Question
An inflow of cash from investing activities would be A. the issuance of stock. B. the sale of investment in equity securities. C. interest received
An inflow of cash from investing activities would be A. the issuance of stock. B. the sale of investment in equity securities. C. interest received on loans. D. the purchase of fixed assets
.When a bond issued at face value is retired, what is the journal entry?
A. Debit Bond Interest Expense; credit Cash | ||||||||||||||||||||||||||||
B. Debit Bonds Payable; credit Cash | ||||||||||||||||||||||||||||
C. Debit Cash; credit Bonds Payable | ||||||||||||||||||||||||||||
D. Debit Cash; credit Bond Interest Expense 3/ A $1,000 bond quoted at 104 would sell for
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