Reporting issuance and retirement of long-term debt retiring the bonds

Reporting issuance and retirement of long-term debt On the basis of the details of the following bonds payable and related discount accounts, indicate the items to be reported in the "Cash flows from (used for) financing activities" section of the statement of cash flows, assuming no gain or loss on retiring the bonds: ACCOUNT Bonds Payable ACCOUNT NO. Balance Debit Date January 1 January 2 June 30 Item Balance Retire bonds Issue bonds Debit 70,000 Credit 210,000 Balance Credit 350,000 280,000 , 000 ACCOUNT Discount on Bonds Payable ACCOUNT NO. Credit 5,600 1,210 Balance Debit 15,750 10,150 24,250 23,040 Balance Credit January 1 January 2 June 30 December 31 Items Retire bonds Issue bonds Item Balance Retire bonds Issue bonds Amortize discount Debit 14,100 Section of Statement of Cash Flows Added or Deducted Amount Amortization of discount