Consider the following situations: Required: For each situation, determine the date for which the company recognizes the expense under accrual-basis accounting. American Airlines operates a flight from Dallas to Los Angeles on August 16. The pilots' salaries associated with the flight are paid on September 2. Eddie Bauer pays cash on January 6 to purchase sunglasses from a 2. I wholesale distributor. The sunglasses are sold to customers on January 27. On January 1, Pizza Hut pays for a one-year property insurance policy with coverage starting immediately. Sports Illustrated signs an agreement with CBS on January 12 to I provide television advertisements during the Super Bowl. Payment is due within 3 weeks after February 4, the day of the Super Bowl. Sports Illustrated makes the payment on February 23