An adjusting entry was made on year-end December 31 to accrue salary expense of $3,000. Assuming the company does not prepare reversing entries, which of the following entries would be prepared to record the $6,600 payment of salaries in January of the following year? a. Salaries Expenses 4,600
Cash 4,600
b. Salaries Payable 4,600
Cash 4,600
c. Salaries Payable 2,000
Cash 2,000
d. Salaries Expenses 2,000
Salaries Payable 2,000

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u. s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19

Which of these is an example of innovation?