Bonds issued during the year generate cash that is reported in the financing section of the statement of cash flows.

Name: Bonds issued during the year generate cash that is reported in the financing section of the statement of cash flows.
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Question

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When a company issues bonds, it is obtaining financing from bondholders, and the cash received from this transaction is reported in the financing activities section of the statement of cash flows.

Bonds Issued During the Year Generate Cash That Is Reported