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If Splendid Occasions had recorded their service revenue using the other method, how much service revenue would they have recorde 400 Sweet Catering completed
If Splendid Occasions had recorded their service revenue using the other method, how much service revenue would they have recorde 400 Sweet Catering completed the following selected transactions during May 2016: May 1: Prepaid rent for three months, $2,700 May 5: Received and paid electricity bill, $50 May 9: Received cash for meals served to customers, $1,210 May 14: Paid cash for kitchen equipment, $2,130 May 23: Served a banquet on account, $2,380 May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense, $1,710 May 31: Recorded depreciation for May on kitchen equipment, $50 If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May parentheses or a negative sign.
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