Which of the following statements is true about accounting and reporting for cash?

a$.$ The cash account is debited to record cash receipt.

b$.$ The cash account is credited to record cash receipt.

c$.$ The cash balance is reported on the income statement.

d$.$ The cash balance is reported on the statement of retained earnings.

Which of the following financial statements shows the sources and uses of cash during the year?

a$.$ An income statement

b$.$ The statement of retained earnings

c$.$ The statement of cash flows

d$.$ A balance sheet