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    Intermediate Accounting Study Set 2
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    Exam 21: The Statement of Cash Flows Revisited
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    If Bond Interest Expense Is $800,000, Bond Interest Payable Increased
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If Bond Interest Expense Is $800,000, Bond Interest Payable Increased

Question 89

Question 89

Multiple Choice

If bond interest expense is $800,000, bond interest payable increased by $8,000 and bond discount decreased by $2,000, cash paid for bond interest is:


A) $790,000.
B) $784,000.
C) $806,000.
D) $910,000.

Correct Answer:

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