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Other Fields Homework Help Accounting Topic started by: H3Ko on Sep 4, 2016



Title: A debtor of Adams Company owes $500,000 but does not have enough cash to repay the debt. Following ...
Post by: H3Ko on Sep 4, 2016
A debtor of Adams Company owes $500,000 but does not have enough cash to repay the debt. Following lengthy negotiations, the parties agreed that the debtor will issue 200,000 shares of common stock to settle the debt. This transaction will be reported in the investing activities section of the statement of cash flows for Adams Company.
A) True
B) False


Title: Re: A debtor of Adams Company owes $500,000 but does not have enough cash to repay the debt. ...
Post by: .unplugged. on Sep 4, 2016
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Title: Re: A debtor of Adams Company owes $500,000 but does not have enough cash to repay the debt. Following ...
Post by: H3Ko on Oct 12, 2016
YES! Can't believe I got this one right. Appreciate the confirmation


Title: Re: A debtor of Adams Company owes $500,000 but does not have enough cash to repay the debt. ...
Post by: mirooooo on Oct 20, 2018
thanks


Title: Re: A debtor of Adams Company owes $500,000 but does not have enough cash to repay the debt. ...
Post by: skyli69176 on Oct 1, 2019
thank you