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A business pays weekly salaries of $30,000 for a five-day week. Employees work Monday through Friday. At the end of the year, 4 work days

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A business pays weekly salaries of $30,000 for a five-day week. Employees work Monday through Friday. At the end of the year, 4 work days happen in this period (December 2831 ), and the remaining day (January 1) happens in the following period. The adjusting entry necessary at the end of the fiscal period onding on a Thursday is: DR Salaries and Wages Payable, $24,000; CA Cash, $24,000 DR Salaries and Wages Expense, \$24,000; CR Salaries and Wages Payable, $24,000 DR Salaries and Wages Expenso, $6,000; CR Salaries and Wages Payable, $6,000 DR Salaries and Wages Expense, $24,000

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