Determine the amount of revenue or expense that would be reported at the time of the transaction under the two methods. An example transaction has been completed for you. LOOK AT PHONE Example: Purchased office supplies for cash, $440 Transaction Accrual-basis Revenue Expense Cash-basis Revenue Expense example $o Purchased office supplies for cash, $440 (no accrued expense, hasn't been used yet...cash flowed for the operating cost so it's a cash expense) $0 $0 $440 17. Issue common stock for $10,000 cash 18. Received $5,000 cash from customers who were previously billed. 19. Pay $12,000 in workers' salaries for the current month