Sweet Catering completed the following selected transactions
during May :
May : Prepaid rent for three months, $
May : Received and paid electricity bill, $
May : Received cash for meals served to customers, $
May : Paid cash for kitchen equipment, $
May : Served a banquet on account, $
May : Made the adjusting entry for rent from May
May : Accrued salary expense, $
May : Recorded depreciation for May on kitchen
equipment, $
Amount of Revenue Expense for May
Cash Basis
Accrual Basis