Bingo has the following items in its accounts:

(a) Dividends payable

(b) Cash from loan

(c) Sale of goods on credit

(d) Purchase of goods for cash

(e) Cash purchase of fixed assets

(f) Cash on sale of motor car

(g) Toan repaid

(h) Taxation payable (i) Receipts from share capital issue (j) Bank interest paid Required: Are the above items recorded in the profit and loss account, the cash flow statement, or both? If these items appear in the cash flow statement, state which heading would be most appropriate when using the direct method (e.g., net cash inflow from operating activities).