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 Accrual Basis CashBasis Revenue Expense Revenue Expense Transaction 1 Receive cash from customers at the time of service. $2,800 2. stue common stock for cash 55,100 3. Receive cash from customers who were previously bited, 51.250 4 Incur utilities cost in the current month but do not pay 5510 5. Pay works salaries for the current month $610 6 Pay for rent one year in advance 52.520 7 Repay a long-tomi note to the bank. $2.100 8 Pay workers salaries for the previous month, 5760 9 Pay dividends to wockholders, 5410 10. Purchase office supplies for cash $450