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A company reported that its bonds with a par value of $50,000 and a carrying...

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Accounting

A company reported that its bonds with a par value of $50,000 and a carrying value of $63,000 are retired for $67,200 cash, resulting in a loss of $4,200. The amount to be reported under cash flows from financing activities is:

Multiple Choice

  • $(67,200).

  • $(63,000).

  • $(4,200).

  • $(13,000).

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