V5. how is this reposrted in the statement of cash flow using the direct method? conversion if bonds payable into common stock: Conversion of bonds payable into common stock.✓ (no answer)Added in determining cash receipts from customersDeducted in determining cash receipts from customersAdded in determining cash payments to suppliersDeducted in determining cash payments to suppliersCash outflow-investing activityCash inflow-investing activityCash inflow-financing activitySignificant noncash investing and financing activityIs not shownCash outflow-financing activity

Answered: how is this reposrted in the statement…

how is this reposrted in the statement of cash flow using the direct method? conversion if bonds payable into common stock:

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter21: The Statement Of Cash Flows

Section: Chapter Questions

Problem 7C

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Question

V5. how is this reposrted in the statement of cash flow using the direct method? conversion if bonds payable into common stock:

Conversion of bonds payable into common stock.
✓ (no answer)
Added in determining cash receipts from customers
Deducted in determining cash receipts from customers
Added in determining cash payments to suppliers
Deducted in determining cash payments to suppliers
Cash outflow-investing activity
Cash inflow-investing activity
Cash inflow-financing activity
Significant noncash investing and financing activity
Is not shown
Cash outflow-financing activity

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