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How would rumsfeld account for transaction on statement

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Reference no: EM132503517

Question 1: On June 30th, 2019, Rumsfeld Company issued $300,000 of five-year, 8% bonds to its bondholders. How would Rumsfeld account for this transaction on its Statement of Cash Flows?

  1. As a cash inflow for financing activities.
  2. As a cash outflow for financing activities
  3. As a cash inflow for investing activities.
  4. As a cash outflow for investing activities.

Reference no: EM132503517

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