On the basis of the details of the following bonds payable and related discount accounts, indicate the items to be reported in the Financing Activities section of the statement of cash flows, assuming no gain or loss on retiring the bonds ACCOUNT Bonds Payable ACCOUNT NO Balance Date Item Debit Credit Debit Credit Jan 1 Balance 580,000 2 Retire bonds 116,000 464,000 June 30 Issue bonds 348,000 812,000 ACCOUNT Discount on Bonds Payable ACCOUNT NO BalanceDateItemDebitCreditDebitCredit Jan 1 Balance 26,100 2 Retire bonds 9,280 16,820 June30 Issue bonds23,300 40,120 Dec 31 Amortize discount 2,010 38,110 Item Section of Statement of Cash Flows Added or Deducted Amount Retire bonds Financing activities sectionInvesting activities sectionOperating activities section, if indirect method usedSeparate schedule AddedDeductedReport only $fill in the blank 3 Issue bonds Financing activities sectionInvesting activities sectionOperating activities section, if indirect method usedSeparate schedule AddedDeductedReport only $fill in the blank 6 Amortization of discount Financing activities sectionInvesting activities sectionOperating activities section, if indirect method usedSeparate schedule AddedDeductedReport only $fill in the blank 9

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On the basis of the details of the following bonds payable and related discount accounts, indicate the items to be reported in the Financing Activities

On the basis of the details of the following bonds payable and related discount accounts, indicate the items to be reported in the Financing Activities section of the statement of cash flows, assuming no gain or loss on retiring the bonds:

ACCOUNT Bonds Payable

ACCOUNT NO.

Balance

Date

Item

Debit

Credit

Debit

Credit

Jan.

Balance

580,000

Retire bonds

116,000

464,000

June

Issue bonds

348,000

812,000

ACCOUNT Discount on Bonds PayableACCOUNT NO. BalanceDateItemDebitCreditDebitCreditJan.1 Balance 26,100 2 Retire bonds 9,280 16,820 June30 Issue bonds23,300 40,120 Dec.31 Amortize discount 2,010 38,110

Item	Section of Statement of Cash Flows	Added or Deducted	Amount
Retire bonds	Financing activities sectionInvesting activities sectionOperating activities section, if indirect method usedSeparate schedule	AddedDeductedReport only	$fill in the blank 3
Issue bonds	Financing activities sectionInvesting activities sectionOperating activities section, if indirect method usedSeparate schedule	AddedDeductedReport only	$fill in the blank 6
Amortization of discount	Financing activities sectionInvesting activities sectionOperating activities section, if indirect method usedSeparate schedule	AddedDeductedReport only	$fill in the blank 9