PACT -- Sale Proprietorship Google Chrome . act personimg.com/activity/5/13 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, $230 May 9: Received cash for meals served to customers, 51,030 May 14: Paid cash for kitchen equipment, $2,830 May 23: Served a banquet on account, 52.650 May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense, $1.890 May 31: Recorded depreciation for May on kitchen equipment, 5110 of Sweet Catering had recorded transactions using the Cash method, how much net income loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign ir Sweet Catering had recorded transactions using the Accrual method, how much net income foss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign BI Type here to search 5 7 W E IR | G A S B N M M Z PACT -- Sale Proprietorship Google Chrome . act personimg.com/activity/5/13 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, $230 May 9: Received cash for meals served to customers, 51,030 May 14: Paid cash for kitchen equipment, $2,830 May 23: Served a banquet on account, 52.650 May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense, $1.890 May 31: Recorded depreciation for May on kitchen equipment, 5110 of Sweet Catering had recorded transactions using the Cash method, how much net income loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign ir Sweet Catering had recorded transactions using the Accrual method, how much net income foss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign BI Type here to search 5 7 W E IR | G A S B N M M Z