On January 4, Childers Corporation issued $200 million of bonds for $193 million. During the same year, $500,000 of the bond dis

Question

3 years ago

6

On January 4, Childers Corporation issued $200 million of bonds for $193 million. During the same year, $500,000 of the bond dis

count was amortized. In the operating activities section prepared by the indirect method, Childers Corporation should report:
a. A positive adjustment and amount ___________________

or

b. A negative adjustment and amount ___________________

Business

1 answer:

Allushta [10] · Answer 1 · 2022-03-12T04:24:10+03:00

Allushta [10]3 years ago

4 0

B. A negative adjustment and amount