During 2022, Simms Group redeemed 2,000,000 of bonds payable for 1,880,000 cash. Indicate how this transaction would

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During 2022, Simms Group redeemed ¥2,000,000 of bonds payable for ¥1,880,000 cash. Indicate how this transaction would be reported on a statement of cash flows, if at all.

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Intermediate Accounting IFRS

ISBN: 9781119607519

4th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Question Posted: Aug 05, 2021 12:53 AM

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During 2022, Simms Group redeemed 2,000,000 of bonds payable for 1,880,000 cash. Indicate how this transaction would

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Redemption of Bonds payable states that Cash has been paid Cash paid 188...View the full answer

Intermediate Accounting IFRS

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