ns in the order given in the transactions listing. Delicious Catering completed the following selected transactions during May 2016: May 5: Received and paid electricity bill, $60 May 9: Received cash for meals served to customers, $2,800 May 23: Served a banquet on account, $1,600 May 31: Accrued salary expense, $1,600 May 31: Recorded depreciation for May on kitchen equipment, $560 Amount of Revenue (Expense) for May Cash Basis Accrual Basis May 5 May 9 2,800 2,800 May 23 1,600 May 31 1,600 1,600 May 31 560 560