Problem $3-1$A $($Algo$)$ Determine accrual$-$basis and cash$-$basis revenues and expenses $($LO$3-1,3-2)$

Required:

For each transaction, determine the amount of revenue or expense, if any, that is recorded under accrual$-$basis accounting and unc cash$-$basis accounting in the current period.

$\backslash$table$[[$Transaction$],[1.$ Receive cash from customers in advance of services to be provided, $$400.],[2.$ Pay utilities bill for the previous period, $$50.],[3.$ Pay for insurance in advance of the period to be covered, $$1,000.],[4.$ Pay workers' salaries for the current period, $$600.],[5.$ Incur costs for employee salaries in the current period but do not pay, $$800.],[6.$ Receive cash from customers at the time of service, $$2,200.],[7.$ Purchase office supplies on account, $$130.],[8.$ Borrow cash from the bank, $$2,000.],[9.$ Receive cash from customers for services performed in the previous period, $$550.],[10.$ Pay for advertising to appear in the current period, $$250.]]$