If Thomson Company did not issue any bonds payable during the year and its bonds...
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Accounting
If Thomson Company did not issue any bonds payable during the year and its bonds payable account decreased by $200,000 over the course of a year, then this amount would be shown on the company's statement of cash flows prepared under the indirect method as:
Answer
a.
a cash inflow of $200,000 under investing activities.
b.
a cash outflow of $200,000 under investing activities.
c.
a cash inflow of $200,000 under financing activities.
d.
a cash outflow of $200,000 under financing activities.
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