Biology Forums - Study Force

On July 31 of the current year, Bridges Industries issued $80,000 of bonds payable. The $80,000 was used to purchase $30,000 of equipment and $50,000 to purchase stock in another company. How will these transactions be reported in the statement of cash flows?

Operating Section

Investing Section

Financing Section

▸

$0

$50,000 use

$80,000 source and $30,000 use

▸

$0

$30,000 use

$80,000 source and $50,000 use

▸

$0

$30,000 use and $50,000 use

$80,000 source

▸

$50,000 use

$30,000 use

$80,000 source

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