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Sweet Catering completed the following selected transactions during May 2016: May 1: Prepaid rent for three months, $1,800 May 5: Received and paid electricity bill,

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Sweet Catering completed the following selected transactions during May 2016: May 1: Prepaid rent for three months, $1,800 May 5: Received and paid electricity bill, $80 May 9: Received cash for meals served to customers, $2,000 May 14: Paid cash for kitchen equipment, $2,200 May 23: Served a banquet on account, $2,200 . May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense, $1,400 . May 31: Recorded depreciation for May on kitchen equipment, $270 Amount of Revenue (Expense) for May Cash Basis Accrual Basis (1800) 0 (80) (80) 2000 2000 02200) 2200 (14001 Something still needs to be fixed. Check your work and try again

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