The Him Lam Joint Stock Company operates in the fields of trade and services. It faces the following situations:

Situation 1: On January 1, 2022, the company sold golf membership cards to customers for a fee of $20,000 with a 5-year usage period starting from 2022. After purchasing the card, customers cannot return it, but can only transfer it to other organizations or individuals. A customer used the card for 1 year and transferred it to another individual on January 2, 2023.

Requirement: Based on revenue recognition principles, process the transaction in 2022.

Situation 2: On February 20, 2023, the company received an electricity bill from the Electricity Company, with a payment deadline of 30 days from the date of the notice. On March 5, 2023, the company paid the electricity bill to the Electricity Company.

Requirement: Based on accounting principles, indicate when the expense will be recognized according to the accrual basis and cash basis.