Question: A company reported that its bonds with a face value of $84,000 and a carrying value of $61,500 are retired for $73,000 cash. The amount
A company reported that its bonds with a face value of $84,000 and a carrying value of $61,500 are retired for $73,000 cash. The amount to be reported under cash flows from financing activities is:
| ($95,500) | |
| ($11,500) | |
| ($73,000) | |
| $0. This is an operating activity. |
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