Accrual basis accounting differs from cash basis accounting in that accrual basis accounting records Blank$\_\_\_\_\_\_.($Check all that apply.$)$

Multiple select question.

expenses only in the period when cash is paid

revenues in the period when the services are performed or goods are delivered, even though the cash has not yet been collected

revenues in the period when the cash was collected, even if the service was performed in a prior period

expenses in the period incurred, even though cash has not yet been paid