The amortization of bond premium on long-term debt should, Ask an Expert

Accounting

The amortization of bond premium on long-term debt should be presented in a statement of cash flows (using the indirect method for operating activities) as a(n):

a. addition to net income.

b. deduction from net income.

c. investing activity.

d. financing activity.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M993815

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