Bonds with a Face Value of $150,000 Are Issued at 98

question 132

Multiple Choice

Bonds with a face value of $150,000 are issued at 98. The statement of cash flows would report a:

• A)cash inflow of $147,000 in the financing activities section.
• B)cash inflow of $3,000 in the financing activities section.
• C)cash inflow of $147,000 in the investing activities section.
• D)cash inflow of $3,000 in the investing activities section.

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