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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Q 1. How will a company classify ‘proceeds received from the issuance of long-term bonds’ on its statement of cash flows?

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1. Cash provided from financing activities 2. Cash used for investing activities 3. balance sheet and statement of cash flows. 4. income statement and statement of cash flows. 5. Sale of equipment at book value