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QUESTION 20 Indicate where the issuance of common stock issued for cash would appear if at all, on the indirect statement of cash flows. Does
QUESTION 20 Indicate where the issuance of common stock issued for cash would appear if at all, on the indirect statement of cash flows. Does not represent a cash flow Investing activities section Operating activities section Financing activities section QUESTION 21 On January 1, 2017 Meeks Corporation issued $5.000.000. 10-year, 4% bonds at 102. Interest is payable annually on January 1. The journal entry to record the transaction on January 1, 2017 is Cash 5,100,000 Bonds Payable 5.100,000 Premium on Bonds Payable Cash Bonds Payable 100,000 5,000,000 5.100.000 5,100,000 Cash Bonds Payable Premium on Bonds Payable. 5,000,000 100,000 Cash Bonds Payable 5,000,000 5,000,000 Chek Save and Submit to save and submit. Click Save All Answers to save all answers
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