B. Write True or False for the following: a. The cash flow statement is specifically designed to report how much the cash balances changed during the reporting period b. On 1 December 2020, ABC Ltd repaid in cash $500,000 of debentures and paid in cash the final 6-monthly interest payment of $25,000. These transactions are both financing activities. c. In determining cash receipts from customers, an increase in accounts receivable during the reporting should be deducted from net accrual-basis sales. d. An issue of shares by a company for cash is a financing activity. e. In evaluating an entity's future cash flows, careful attention must be given to information contained in the notes to the cash flow statement. f. Accountants used the term depreciation to describe the decline in market value of assets during an accounting period. g. A prepayment is an amount that will not be due for payment until the next financial year. h. From the owner's point of view debits are good and credits are bad i. A manager's business card is an example of a source document. j. If managers, owners, employees and customers regularly deceived one another, told lies, falsified records and did not conform to rules, the entity must eventually cease to exist