Question: Im having trouble calculating these numbers. https://act If Marvelous Occasions had recorded their service revenue using the other method, how much service revenue would they
https://act If Marvelous Occasions had recorded their service revenue using the other method, how much service revenue would they hav recorded for the year? 3240 Sweet Catering completed the following selected transactions during May 2016: May 1:Prepaid rent for three months, $2,400 May 5: Received and paid electricity bil, $70 May 9: Received cash for meals served to customers, $120 May 14: Paid cash for kitchen equipment, $2,100 May 23: Served a banquet on account, s2,250 May 31: Made the adjusting entry for rent (from May 1) May 31: Accrued salary expense, $2,800 May 31: Recorded depreciation for May on kitchen equipment, $170 If Sweet Catering had recorded transactions using the Cash method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign 1330 If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May? If there is a loss, enter it with parentheses or a negative sign CHECK ANSWER Please review your answer and try again
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