(a) What information do accrual-basis financial statements (i.e., the balance sheet and income statements) provide that cash-basis statements (i.e., cash flow statement) do not? Please explain clearly and provide at least one example for balance sheet and one example for income statement.

(b) What information do cash-basis financial statements (i.e., the cash flow statement) provide that accrual-basis statements (i.e., the income statement and balance sheet) do not? Please explain clearly how the cash flow statement helps the reader understand the company and provide at least one example from the cash flow statement.