Multiple Choice
David Corporation issued $100,000,5-year bonds at 97 on January 1,2008.On December 31,2018 the bonds matured.The payment of the bonds at maturity would be reported on the statement of cash flows as a cash outflow of:
A) $97,000 in the financing activities section.
B) $97,000 in the investing activities section.
C) $100,000 in the financing activities section
D) $100,000 in the investing activities section.
Correct Answer:
Verified
Correct Answer:
Verified
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