Asked by Darcey Borellini on May 29, 2024
Verified
Money received from issuing bonds payable would be included as part of a company's financing activities on the statement of cash flows.
Bonds Payable
Long-term liabilities representing money owed by a company to bondholders, to be repaid at a future date.
Financing Activities
Transactions that result in changes in the size and composition of the equity capital or borrowings of a company.
- Recognize the components and their specific categories in the statement of cash flows.
- Methodically discriminate and categorize operating, financial, and investment activities.
- Interpret the effects of debt and equity transactions on the financing section of the statement of cash flows.
Verified Answer
ZK
Zybrea KnightJun 03, 2024
Final Answer :
True
Explanation :
Money received from issuing bonds payable is a form of financing for the company and would be included in the financing activities section of the statement of cash flows.
Learning Objectives
- Recognize the components and their specific categories in the statement of cash flows.
- Methodically discriminate and categorize operating, financial, and investment activities.
- Interpret the effects of debt and equity transactions on the financing section of the statement of cash flows.
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