Which of the following statements is true? Under cash basiccounting, a business records rent expens in the period that pays its landlord b. The primary difference between the cash and accrual basis methods of accounting concerns the amount of revenu that a business records from a particulars Generally Accepted Accounting Principles (GAAP) require the use of cash basis accounting Under cash basis accounting reven is recognized when a business cams the revenue by providing service or delivering a product to a custom QUESTION 6