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4 A business in Jordan pays weekly salaries of JOD200,000 on Thursday for a five-day week ending on that day. The adjusting entry necessary at

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4 A business in Jordan pays weekly salaries of JOD200,000 on Thursday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on a Wednesday is; tof Select one: debit Salaries Payable, JOD160,000; credit Cash, JOD160,000. debit Salaries Expense, JOD40,000; credit Salaries Payable, JOD40,000. debit Salaries Expense, JOD160,000; credit Cash, JOD160,000 debit Salaries Expense, JOD160,000; credit salaries Payable, JOD160,000

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