A company reported that its bonds with a face value of $60,000 and a carrying...
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Accounting
A company reported that its bonds with a face value of $60,000 and a carrying value of $55,500 are retired for $61,000 cash. The amount to be reported under cash flows from financing activities is:
($65,500)
($5,500)
($61,000)
$0. This is an operating activity.
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