A 10-year bond was issued at par for $250,000 cash. This transaction should be shown on a statement of cash flows under

Name: A 10-year bond was issued at par for $250,000 cash. This transaction should be shown on a statement of cash flows under
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Question

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Issuing a bond is a financing activity, as it involves raising funds from external sources. The $250,000 cash received from the bond issuance is a cash inflow from financing activities and should be reported under this section in the statement of cash flows.

A 10-Year Bond Was Issued at Par for $250,000 Cash