An increase in the bonds payable account of 200000 over the, Ask an Expert

Accounting

An increase in the bonds payable account of $200,000 over the course of a year would be shown on the company's statement of cash flows prepared under the indirect method as:

a. an addition of $200,000 under investing activities.

b. a deduction of $200,000 under investing activities.

c. an addition of $200,000 under financing activities.

d. a deduction of $200,000 under financing activities.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M996392

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