Font Paragraph Styles Question 1 Part 1-(5 points): A1, B1 The main difference between accrual and cash basis accounting lies in the timing of when revenue and expenses are recognized Give a brief explanation & example. Question 1 Part 2 - (5 points): A1, B1 Some of the most common methods used to calculate depreciation are straight-line, units-of- activity, and double-declining balance method. Give an example to show how they are different ist United States