Best Yet Catering completed the following selected transactions during April:

Show whether each transaction would be handled as a revenue or an expense using the accrual basis. Give the amount of revenue or expense for April. Journal entries are not required. Use the following format for your answer, and show your computations:

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Apr. 1 Prepaid rent for three months, $900. 5 Paid electricity expenses, $300. 9 Received cash for meals served to customers, $2,000. 14 Paid cash for kitchen equipment, $3,000. 23 Served a banquet on account, $3,000. 30 Made the adjusting entry for rent (from April 1). 30 Accrued salary expense. $900.