I think the correct answer from the choices listed above is option B. The two companies that rates and publish bonds are Moody's and Standard's and Poor. These companies had <span>maintained high level of credibility and their ratings are highly respected worldwide. Hope this answers the question.</span>
Explanation:
The journal entries are shown below:
1. Salaries expense A/c Dr $1,200 ($400 × 3 days)
To Salary payable A/c Dr $1,200
(Being the accrued salary is recorded)
The 3 days are calculated from December 28 to December 31
2. Salaries expense A/c Dr $4,400 ($400 × 11 days)
Salary payable A/c Dr $1,200
To Cash A/c $5,600
(Being the payment is recorded)
3. Now the adjusted balance of Salaries Payable is
= Salaries Payable before adjustment in 2015 + Adjusted balance
= $0 + $1,200
= $1,200
C. Your charging less for the same thing as your component they’re spending less money but your making more because more people will come to your location
