A company pays $1,400 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.) Journal entry worksheet Record the payment using accrual-basis accounting. Note: Enter debits before credits. A company pays $1,400 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.) Journal entry worksheet Record the payment using cash-basis accounting. Note: Enter debits before credits