Smith€™s Stews, Inc., completed the following transactions during April, 2012:
Apr 1 Prepaid rent for April through July, $4,800.
2 Purchased computer for cash, $3,600.
3 Performed catering services on account, $3,400.
5 Paid Internet service provider invoice, $225.
6 Catered wedding event for customer and received cash, $2,000.
8 Purchased $130 of supplies on account.
10 Collected $1,900 on account.
14 Paid account payable from April 8.
15 Paid salary expense, $1,000.
30 Recorded adjusting entry for rent (see April 1).
30 Recorded $100 depreciation on computer.
30 There are $35 of supplies still on hand.
Requirement
1. Show whether each transaction would be handled as a revenue or an expense, using both the accrual and cash basis, by completing thetable.

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Amount of Revenue (Expense) for April Cash-Basis Amount Accrual-Basis Amount of Revenue (Expense) of Revenue (Expense) Date Apr