Kris formed a consulting business, KrisCo Management Consulting in September. Operations will begin October. The following events occurred during the month of September: 1. Kris invested $10,000 into the business.
2. She hired an assistant who will be paid $2,000 per month. The assistant begins work on Oct. 1.
3. Signed a lease agreement for office space at a cost of $1,000 per month. Paid the first three months in advance. The business will move in on October 1.
4. Borrowed $30,000 from the local bank. The loan bears interest.
5. Bought $6,000 in office equipment. The equipment will be used for 4 years

Required:
Prepare any necessary adjustments and financial statements.

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

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