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Under ________ accounting, revenues are recorded when earned and expenses are recorded with related revenues. Under ________ accounting, revenues are recorded when cash is received

Under ________ accounting, revenues are recorded when earned and expenses are recorded with related revenues. Under ________ accounting, revenues are recorded when cash is received and expenses are recorded when cash is paid out. Financial statements are prepared using ________ accounting. cash-basis; accrual-basis; accrual-basis cash-basis; accrual-basis; cash-basis accrual-basis; cash-basis; cash-basis accrual-basis; cash-basis; accrual-basis

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