Q 3.15: Jerry's Manufacturing Company prepares adjusting entries every quarter, while Molly's Mugs prepares their adjusting entries at the end of the fiscal year. MOST likely, this means that A Jerry's Manufacturing is following IFRS, while Molly's Mugs is following either IFRS or ASPE. B Jerry's Manufacturing is following either IFRS or ASPE, while Molly's Mugs follows ASPE. Jerry's Manufacturing is following IFRS and Molly's Mugs is following ASPE. D Jerry's Manufacturing is following ASPE and Molly's Mugs is following IFRS