transaction using the received $2,250 for services to be performed for the next 8 months on March 31 and recorded this transaction using the Unearned Revenue account. If Momentous Occasions had recorded their semvice revenue using the other method, how much semice revenue would they have recorded for the year? Sweet Catering completed the following selected transactions during May 2016: - May 1: Prepaid rent for three months, $2,400 - May 5: Received and paid electricity bill, $230 - May 9: Received cash for meals served to customers, $620 - May 14: Paid cash for kitchen equipment, $3,170 - May 23: Served a banquet on account, 51,620 - May 31: Made the adjusting entry for rent (from May 1). - May 31: Accrued salary expense, $3,000 - May 31: Recorded depreciation for May on kitchen equipment, $210 If 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. If Sweet Cateringhad recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May? if there is a loss, enter it with paren theses or a negative sign