Amortization of bond premium on long-term debt, Accounting Basics

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Amortization of bond premium on long-term debt

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: Amortization of bond premium on long-term debt

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Accounting Basics: Amortization of bond premium on long-term debt

Reference No:- TGS093815

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

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Accounting Basics: Amortization of bond premium on long-term debt

Reference No:- TGS093815

Recent Questions Asked Accounting Basics

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