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MC Qu. 139 A company reported that its... A company reported that its bonds with...

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Accounting

MC Qu. 139 A company reported that its...

A company reported that its bonds with a par value of $50,000 and a carrying value of $58,000 are retired for $61,200 cash, resulting in a loss of $3,200. The amount to be reported under cash flows from financing activities is:

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Multiple Choice $(58,000) $(3,200) S(8,000) $8,000 $(61,200)

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