How will a company classify 'proceeds received from the issuance of long-term bonds' on its statement of cash flows?
A)Cash provided from operations
B)Cash used in operations
C)Cash provided from investing activities
D)Cash provided from financing activities

Question

Quizplus · Accepted Answer

Proceeds received from the issuance of long-term bonds are a source of financing and would be classified as cash provided from financing activities on the statement of cash flows.

How Will a Company Classify 'Proceeds Received from the Issuance