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if $430,000 of bonds are issued during the year and $100,000 of bonds are retired during the year, the statement of cash flows ( indirect
if $430,000 of bonds are issued during the year and $100,000 of bonds are retired during the year, the statement of cash flows ( indirect method) will show a(n):
A. Increase in cash of $430,000 in the financing activities section and a decrease in cash of $100,000 in the financing activities section B. net gain on retirement of bonds of $330,000 in the financing activities section c. net increase in cash of $330,000 in the operating activities section D. net decrease in cash of $330,000 in the operating activities section. Click to select your Step by Step Solution
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