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If Thomson Company did not issue any bonds payable during the year and its bonds payable account decreased by $200,000 over the course of a
If Thomson Company did not issue any bonds payable during the year and its bonds payable account decreased by $200,000 over the course of a year, then this amount would be shown on the company's statement of cash flows prepared under the indirect method as:
Answer
a. | a cash inflow of $200,000 under investing activities. | b. | a cash outflow of $200,000 under investing activities. | c. | a cash inflow of $200,000 under financing activities. | d. | a cash outflow of $200,000 under financing activities. |
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