invokel akeAssignmentSessio eBook Calculator Cash, Modified Cash, and Accrual Basis of Accounting For each journal entry shown below, indicate the accounting method(s) for which the entry would be appropriate. If not appra credited, select it from the drop down. Cash Basis Modified Cash Basis Accrual Basis 1. Office Equipment Cash Purchased equipment for cash 2. Office Equipment Accounts Payable Purchased equipment on account 3. Cash Revenue Cash receipts for week 4. Accounts Receivable Revenue Services performed on account 5. Prepaid Insurance Cash Purchased prepaid asset Sunnlos Check My Work 3 more Check My Work uses remaining