\begin{tabular}{ll} \hline May 1 & Prepaid rent for three months, $3,300. \\ May 5 & Received and paid electricity bill, $600. \\ May 9 & Received cash for meals served to customers, $2,200. \\ May 14 & Paid cash for kitchen equipment, $1,800. \\ May 23 & Served a banquet on account, $3,100. \\ May 31 & Made the adjusting entry for rent (from May 1). \\ May 31 & Accrued salary expense, $1,100. \\ May 31 & Recorded depreciation for May on kitchen equipment, $30. \end{tabular} Culorie Catering completed the followng selected transactions during May 2024 : Cick the icon 10 view the tranazetions.) Fead the ischirements Requirement 1. 5how whether each transaction would be handied as a revenue or an espense using both the cash basis pped accrual basis accounting systems by compieting the ublie provided (Expenses should be shown in parentheses) Aso indicate the dollar amount of ele revenue or expense. The May 1 transacjon has been completed as an example. (Enter 0 fer any transactians that to not allect reverives or expensen.)