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Requirement 2. After completing the table, calculate the amount of net income or net loss for sweet catering under the accrual basis and cash basis

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Requirement 2. After completing the table, calculate the amount of net income or net loss for sweet catering under the accrual basis and cash basis accounting systems for May

Sweet Catering completed the following selected transactions during May 2024: (Click the icon to view the transactions.) Read the requirements. Requirement 2. After completing the table, calculate the amount of net income or net loss for Sweet Catering under the accrual basis and cash basis accounting systems for May. (Use parentheses or a minus sign to indicate a loss.)

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