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Sweet catering completed the following selected transaction during May 2016 Splendid Occasions had recorded their Servite revenue using the Other method. how much service revenue
Sweet catering completed the following selected transaction during May 2016
Splendid Occasions had recorded their Servite revenue using the Other method. how much service revenue would they have recorded for the year? Sweet Catering completed the following selected transactions during May 2016: May I: Prepaid rent for three months, $3,000 May 5; Received and paid electricity bill. S240 May 9: Received cash for meals served to customers. $790 May 14: Paid cash for kitchen equipment, 2,840 May 23: Served a banquet on account. S2.C70 May 31; Made the adjusting entry for rent (from May 1). May 31: Accrued Salary expense. S2.980 May 31: Recorded depreciation for May on kitcl-wnequipment. $160 If Sweet Catering reccyded transactions using the Cash method. much net they hale recorded for the month of May? If there iS a enter it with parentheses or a negatisign_ Sweet Catering had using the Accrual how much w ld lhey hm recordd for the month of a loss. enter it with or a negative Sign, 2 Identify whether each account would appear on the Balance Sheet or the Income Statement. o 'O O
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