Business, 21.04.2020 15:50 kameronmouton

A company reported that its bonds (a long-term liability) with a par value of $50,000 and a carrying value of $61,000 are sold for $64,800 cash, resulting in a loss of $3,800. The amount to be reported on the statement of cash flows under cash flows from financing activities is:
a. $(3,800)
b. $(61,000)
c. $11,000
d. $(64,800)
e. $(11,000)

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A company reported that its bonds (a long-term liability) with a par value of $50,000 and a carrying...

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