Windsor Enterprises,a Subsidiary of Kennedy Company Based in New York,reported

question 19

Multiple Choice

Windsor Enterprises,a subsidiary of Kennedy Company based in New York,reported the following information at the end of its first year of operations (all in British pounds) : assets--338,000; expenses--360,000; liabilities--101,000; capital stock--80;000,revenues--517,000.Relevant exchange rates are as follows:

As a result of the translation process,what amount is recorded on the financial statements as the translation adjustment?

• A)$26,280 debit adjustment
• B)$26,280 credit adjustment
• C)$6,280 credit adjustment
• D)$6,280 debit adjustment

---

Definitions:

Dependence

The state of relying on or being controlled by someone or something else, often seen in healthcare relating to patients’ reliance on caregivers or medical professionals.

Independence

The state or condition of being free from dependence, control, or influence of others, often associated with self-sufficiency and autonomy.

Nurse-patient Relationship

The dynamic and therapeutic connection established between a nurse and a patient to support healing and promote health.

Forchuk's Research

A body of research led by Cheryl Forchuk, focusing on mental health, nursing practices, and the integration of technology in healthcare.