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Business, 02.04.2020 02:09 niti1409

A company reported that its bonds with a par value of $50,000 and a carrying value of $61,500 are retired for $65,400 cash, resulting in a loss of $3,900.

The amount to be reported under cash flows from financing activities is:

a.$(3.900).

b.$11.500

c.$(65,400)

d.$(61.500),

e.$(11500)

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Answers: 2

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A company reported that its bonds with a par value of $50,000 and a carrying value of $61,500 are re...
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