For Each of the Following Statements, Indicate Whether It Applies

For each of the following statements, indicate whether it applies to:
the cash basis of accounting (cash basis)
the accrual basis of accounting (accrual basis)
both the cash and accrual basis of accounting (both)
neither the cash nor the accrual basis of accounting (neither).
Your response should be cash basis, accrual basis, both, or neither.
$$\begin{array} { | l | l | } \hline \text { Statement } & \text { Applies to } \\\hline \text { Does a good job of tracking a } & \\\text { business's cash flows } & \\\hline \text { It is irrelevant when cash is } & \\\text { received or paid } & \\\hline \text { May require a company to } & \\\text { prorate a prepayment of rent } & \\\hline\end{array}$$