Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 5 - Balance Sheet and Statement of Cash Flows - Exercises - Page 286: E5-13g

Answer

(g) 5.

Work Step by Step

Issuance of bonds for plant assets is a non-cash transaction and is therefore reported as a significant non-cash activity.
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