A company pays each of its two office employees each Friday at the rate of $210 per day for a five-day week 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 to record the salaries earned but unpaid is:

Multiple Choice

• Debit Unpaid Salaries $1,260 and credit Salaries Payable $1,260.

• Debit Salaries Expense $840 and credit Cash $840.

• Debit Salaries Expense $840 and credit Salaries Payable $840.

• Debit Salaries Payable $840 and credit Salaries Expense $840.

• Debit Salaries Expense $1,260 and credit Salaries Payable $1,260.