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4. Salaries are $2,600 per day for five working days and are paid weekly at the end of the day Fridays. The end of the

4. Salaries are $2,600 per day for five working days and are paid weekly at
the end of the day Fridays. The end of the month falls on a Thursday. The
accountant for Dayton, Inc. made the appropriate accrual adjustment and
posted it to the ledger. The balance of Salaries Payable, as shown on the
adjusted trial balance, will be a _______. (Assume that there was no
beginning balance in the Salaries Payable account.)
A. credit balance of $10,400
B. debit balance of $2,600
C. debit balance of $10,400
D. credit balance of $2,600

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