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Question 8 2 pts Which of the following transactions results in the recognition of a revenue based on accrual basis accounting? 1. Collection of cash

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Question 8 2 pts Which of the following transactions results in the recognition of a revenue based on accrual basis accounting? 1. Collection of cash on notes receivable. 2. Borrowing cash from a bank. 3. Performing a service for a customer. 4. A stockholder selling stock back to the Company. O Performing a service for a customer. Borrowing cash from a bank. Collection of cash on notes receivable. A stockholder selling stock back to the Company

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