All of the following statements apply to the statement of cash flows covering a given period. If a statement applies only to the direct format, write D in the space allowed. If a statement applies only to the indirect format, write I in the space allowed. If a statement applies to both formats, write B in the space allowed.
a. The amount of cash received from customers is listed.
b. A purpose of the statement is to reconcile the amount of cash generated by operating activities to the amount of net income generated by operating activities.
c. The amount by which cash receipts from customers differed from sales is reported.
d. Certain revenues and expenses that did not generate or consume cash are listed.
e. The amount of net income is listed on the face of the statement.
f. The amount of cash paid to suppliers of inventory is included.
g. The amount of cash paid for taxes is reported.
h. The amount of cash raised from selling bonds to investors is listed on the face of the statement.
i. The purpose of the statement is to reveal the amount of cash received from or paid out for specific operating activities.
j. The amount of cash paid to acquire land and buildings is included.