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Homework answers / question archive / 1)If Splendid Occasions had recorded their service revenue using the other method, how much service revenue would they have recorded for the year? 3290 Sweet Catering completed the following selected transactions during May 2016:

1)If Splendid Occasions had recorded their service revenue using the other method, how much service revenue would they have recorded for the year? 3290 Sweet Catering completed the following selected transactions during May 2016:

Accounting

1)If Splendid Occasions had recorded their service revenue using the other method, how much service revenue would they have recorded for the year? 3290 Sweet Catering completed the following selected transactions during May 2016: . May 5: Received and paid electricity bill, $160 . May 9: Received cash for meals served to customers, $2,320 • May 23: Served a banquet on account, $2,320 . May 31: Accrued salary expense, $3,170 . May 31: Recorded prepaid insurance expired, 5110 of 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. of Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for the month of May?

2)Morrison Services Ltd. reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, August 31, 2021: Accounts payable Accounts receivable Accumulated depreciation equipment Bank loan payable, due 2024 Cash Common shares Depreciation expense Deferred revenue Dividends declared Equipment Income tax expense Income tax payable $ 2,740 17,910 6,190 25,200 11,270 4,880 2.200 730 590 26,040 2,040 1.390 Insurance expense Interest expense Interest payable Prepaid insurance Rent expense Rent payable Retained earnings Salaries expense Salaries payable Service revenue Supplies Supplies expense $ 1,070 1.450 1.450 3.280 18,360 1.250 5,490 19.860 2.140 57.610 3,310 1,690 All accounts have normal balances. Prepare an adjusted trial balance.
Prepare an adjusted trial balance. Morrison Services LTD. Adjusted Trial Balance August 31, 2021 Debit Credit

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