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16. A company pays its two employees every Friday $500 each for a five-day workweek that begins on Monday. If the monthly accounting period ends

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16. A company pays its two employees every Friday $500 each for a five-day workweek that begins on Monday. If the monthly accounting period ends on Tuesday and the employees worked on both Monday and Tuesday, the month-end adjusting entry is: A) Debit Unpaid Salaries $600 and credit Salaries Payable $600. B) Debit Salaries Expense $400 and credit Cash $400. C) Debit Salaries Expense $600 and credit Salaries Payable $600. D) Debit Salaries Expense $200 and credit Salaries Payable $200. E) Debit Salaries Expense $400 and credit Salaries Payable $400

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