26. A company pays $2,400 cash to employees for work performed during the month. Record the payment using (a) accrual-basis accounting and (b) cash-basis accounting. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the payment using accrual-basis accounting Note: Enter debits before credits Event General Journal Debit Credit Record entry Clear entry View general journal