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, $110 May 9: Received cash for meals served to customers, $2,000 May 14: Paid cash for kitchen equipment, $2, 100 May 23: Served a banquet on account, $1, 900 May 31: Made the adjusting entry for rent (from May 1). May 31: Accrued salary expense, $1, 200 May 31: Recorded depreciation for May on kitchen equipment, $170