If $475,000 of bonds payable are sold at 101, $475,000 would be reported in the cash flows from financing activities section of the statement of cash flows.

Name: If $475,000 of bonds payable are sold at 101, $475,000 would be reported in the cash flows from financing activities section of the statement of cash flows.
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When bonds are sold at 101, they are sold at a premium, meaning the cash inflow would be $479,750 ($475,000 * 1.01), not $475,000.

If $475,000 of Bonds Payable Are Sold at 101, $475,000