Explain How the Following Transactions Should Be Reported in the Statement

question 29

Essay

Explain how the following transactions should be reported in the statement of cash flows, assuming the indirect method is used to determine cash flows from operating activities. Identify all available options. If not reported on the statement of cash flows, indicate the disclosure requirements, if any.
1. The purchase of a $100,000, 45-day Treasury bill classified at FVPL.
2. Amortization of the discount on bonds payable in the amount of $20,000.

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Definitions:

Sexual Arousal

A physiological and psychological state of being awake or reactive to sexual stimuli, including feelings of sexual desire.

Nonconsenting Persons

Individuals who have not given permission or agreement for something to happen, especially pertinent in contexts involving privacy or medical and psychological research.

Sexual Dysfunction

Disorders related to any phase of the sexual response cycle that prevents the individual or couple from experiencing satisfaction from sexual activity.

Premature Ejaculation

A common sexual disorder characterized by ejaculation that occurs sooner than desired, either before or shortly after sexual penetration.