Glen Corporation has these other income and expense items: interest expense, 12,000 ; interest income, 3,000 ;
Question:
Glen Corporation has these other income and expense items: interest expense, 12,000 ; interest income, 3,000 ; dividend income, 5,000; and loss on retirement of bonds, 6,000 . How does each of these items appear on or affect the cash flow statement (assuming the direct method is used)?
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Related Book For 
Financial Accounting A Global Approach
ISBN: 9780395839867
1st Edition
Authors: Sidney J. Gray, Belverd E. Needles
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