On January 1, Year 1, DiBA Compary had a balance of $444,000 in its Bonds...
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On January 1, Year 1, DiBA Compary had a balance of $444,000 in its Bonds Payable account During Year 1. beth issued boichs wath a $163,000 face valise. There was no premium on discount associated with the bond issoe. The balance in the Bands Payible accouat on Decernber 31, Yeart, was $287.000. Required a. Defertine the cash outhow for the repayment of bond liabilities assumthe that the bocids were retied at face vithe. b. Prepare the finincing activities section of the Year 1 statement of cash flowss (Amounts to be doducted should be indicated with n minus sign.j
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