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Calorie Catering completed the towing selected transactions during May 2004 Click the icon to view...

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Accounting

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Calorie Catering completed the towing selected transactions during May 2004 Click the icon to view the transactions Read the requirements Requirement 1. Show whether eachtraction would be handed as reverse or an expense using both the cash basis and accrual basis accounting systems by completing the table provided (Expenses should be shown in the indicate the doll amount of them or expense The May transaction has been completed as an example. (Enter for any transactions that do not actres) Amount of Porvene panse) for May Cash Best Acourt Date os RE May . Jn Ma Mays M Ser Sug May 1 May 5 May 9 May 14 May 23 May 31 May 31 May 31 Prepaid rent for three months, $1,200. Received and paid electricity bill, $500. Received cash for meals served to customers, $1,800. Paid cash for kitchen equipment, $4,800. Served a banquet on account, $3,700. Made the adjusting entry for rent (from May 1). Accrued salary expense, $2,000. Recorded depreciation for May on kitchen equipment, $80. Print Done Get More Help - MacBook Air

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