On July 31 of the current year, Bridges Industries issued $80,000 of bonds payable.The $80,000 was used to purchase $30,000 of equipment and $50,000 to purchase stock in another company.How will these transactions be reported in the statement of cash flows?

Question

Quizplus · Accepted Answer

The Answer of On July 31 of the current year, Bridges Industries issued $80,000 of bonds payable.The $80,000 was used to purchase $30,000 of equipment and $50,000 to purchase stock in another company.How will these transactions be reported in the statement of cash flows?

On July 31 of the Current Year, Bridges Industries Issued