If $350,000 of Bonds Are Issued During the Year, but $150,000

question 122

Multiple Choice

If $350,000 of bonds are issued during the year, but $150,000 of old bonds are retired during the year, the statement of cash flows will show a(n) :

• A) net gain on retirement of bonds of $200,000.
• B) increase in cash of $350,000 and a decrease in cash of $150,000.
• C) net increase in cash of $200,000.
• D) net decrease in cash of $200,000.

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Definitions:

Motivation

The psychological processes that arouse, direct, and maintain human behavior towards achieving a goal.

Emotion

A complex psychological state involving an individual's subjective experience, physiological response, and behavioral or expressive response.

Transcendence Need

A psychological term referring to the human desire to go beyond the self and have experiences with spiritual dimensions or universal truths.

Internal Locus

The belief that one has control over their life events and outcomes, as opposed to external forces having that control.