Pagent, a company that manufactures watches, introduces a new range of watches with a safety application programmed into it. this application is designed especially for women and them alert people in case of danger. in the context of innovation streams, which of the following concepts does this scenario best illustrate?

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.