Which of the following statements is false? a. A balance sheet reports a company's cash balance at a specific date. b. An income statement reports the amounts of revenue and expense on an accrual basis, not the amount of cash received from revenues or paid for expenses. c. A statement of retained earnings reports the amount of cash received from operating activities and the amount of cash paid for dividends. d. A statement of cash flows explains the changes in cash from operating, investing, and financing activities.