please answer 19/20

19) What is the difference between the accrual basis and the cash basis of accounting? (5pts) d. Accrual basis records expenses when cash is paid and cash basis records expenses in the accounting period it is incurred. a. Accrual basis records revenue when cash is received and cash basis matches expenses with the reven it generates. b. Accrual basis records revenue when cash is received and the cash basis records revenue when it is earned. c. Accrual basis matches expenses with the revenue it generates and cash basis records revenue when cash is received. 20) What is the accounting cycle? (5pts) a. It is a serles of accounting activities a business performs each accounting period. C. it is closing out revenue and expense accounts to begin a new accounting year. 20) What is the accounting cycle? (5pts) a. It is a series of accounting activities a business performs each accounting period. c. It is closing out revenue and expense accounts to begin a new accounting year. d. It is preparing adjustments to ensure revenue and expenses are correctly recorded. b. It consists of a period of steps beginning with preparing the financial statements