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  3. Study Set
    Fundamental Accounting Principles Study Set 1
  4. Exam
    Exam 16: Reporting the Statement of Cash Flows
  5. Question
    The Gain or Loss from Retirement of Debt Is Reported
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The Gain or Loss from Retirement of Debt Is Reported

Question 59

Question 59

True/False

The gain or loss from retirement of debt is reported under cash flows from operating activities on the statement of cash flows using the direct method.

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