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During 2012, Simms Company redeemed $2,000,000 of bonds payable for $1,880,000 cash. Indicate how this transaction would be reported on

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During 2012, Simms Company 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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Answer Statement of cash flows The statement of cash flows is a statement which includes a…View the full answer


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Intermediate Accounting

Intermediate Accounting

ISBN: 978-0470587287

14th Edition

Authors: kieso, weygandt and warfield.

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Chapter # 23
Section: Questions
Problem: 19
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Question Posted: September 19, 2022 07:48:19
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