asked 89.0k views
1 vote
A company reported that its bonds with a par value of $50,000 and a carrying value of $63,500 are retired for $67,800 cash, resulting in a loss of $4,300. the amount to be reported under cash flows from financing activities is

asked
User Zem
by
7.3k points

1 Answer

0 votes
check the solution below for clarity.
A company reported that its bonds with a par value of $50,000 and a carrying value-example-1
answered
User Kegne
by
7.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.