If Splendid Occasions had recorded their service revenue using the other method, how much service...
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If Splendid Occasions had recorded their service revenue using the other method, how much service r weet Catering completed the following selected transactions during May 2016: - May 1: Prepaid rent for three months, $1,200 - May 5: Received and paid electricity bill, $50 - May 9: Received cash for meals served to customers, $3,020 - May 14: Paid cash for kitchen equipment, $3,280 - May 23: Served a banquet on account, $2,520 - May 31: Made the adjusting entry for rent (from May 1). - May 31: Accrued salary expense, $1,380 - May 31: Recorded depreciation for May on kitchen equipment, $180 If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they hav parentheses or a negative sign. If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have parentheses or a negative sign
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