Required: For each transaction, determine the amount of revenue or expense, if any, that is recorded under accrual-basis accounting and under cash-basis accounting. Transaction 1. Receive cash from customers at the time of service, $3,000. 2. Issue common stock for cash, $5,300. 3. Receive cash from customers who were previously billed, $1,350. 4. Incur utilities cost in the current month but do not pay, $530. 5. Pay workers' salaries for the current month, $630. 6. Pay for rent one year in advance, $2,760. 7. Repay a long-term note to the bank, $2,300. 8. Pay workers' salaries for the previous month, $780. 9. Pay dividends to stockholders, $430. 10. Purchase office supplies for cash, $470. Accrual-Basis Cash-Basis Revenue Expense Revenue Expense