True False Question 5 (1 point) . A Company received a $10,000 deposit from a customer for goods to be delivered the following month. Under the accrual and cash basis of accounting respectively the deposit would be recorded as Accrual Basis: a liability Cash Basis: a liability Accrual Basis: a liability Cash Basis: income Accrual Basis: income Cash Basis: a liability Accrual Basis: income Cash Basis: income Question 6 (1 point) Saved