Answer:
Cash inflow from Financing Activity.
Explanation:
We know, that issuance of bonds = Financing Activity in cash flow statement.
But only the transactions involving cash transactions are recorded in cash flow statement.
Thus, here the purpose of issue of bonds is to acquire a building, but it is not issued in exchange of building.
Thus, the cash collected from issue of bonds will be used for the acquisition of building therefore, cash collected through issue of bonds is cash inflow from financing activity.
When the building will be bought it will be cash outflow in investing activity.
Final Answer
Cash inflow from Financing Activity.
The current principal balance is $74, 693.24
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Answer:
Prices would decline and interest rates would rise
Explanation:
This is because the market will be flooded with additional 50 billion dollars of bond increasing the supply causing the price to fall. Interest rate are inversely proportional to prices thus interest rate will rise.
Answer:
d. Debit to Interest Receivable of $6,510.
Explanation:
To interest receivable = $180,000 * 6.2% = $11,160
Interest receivable for 7 months (June 1 - December 31) = $11,160 * (7/12) = $6,510
Therefore, the proper adjusting entry at December 31, 2018, with regard to this note receivable includes a <u>debit to Interest Receivable of $6,510</u>.
She is involved with the cultural environment as this mainly focus on the well being of each individual and each of the person's identity in which we can see that Patsy is focused on the elderly for her reason to provide the assistance they need and requires.