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Investing and Financing Cash Flows During the year, Paxon Corporation's Long - Term Investments account ( at cost ) increased $ 1 5 , 0
Investing and Financing Cash Flows
During the year, Paxon Corporation's LongTerm Investments account at cost increased $
the net result of purchasing stocks costing $ and selling stocks costing $ at a $ loss.
Also, the Bonds Payable account decreased by $ the net result of issuing $ of bonds at
and retiring bonds with a face value and book value of $ at a $ gain.
In Paxon's statement of cash flows, what items and amounts will appear in the investing and financing activities sections?
Enter increases before decreases in each section.
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