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Anderson's Architectural Design works a five-day workweek and pays $30,000 in salaries every Friday. If the accounting period ended on a Wednesday, which of the

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Anderson's Architectural Design works a five-day workweek and pays $30,000 in salaries every Friday. If the accounting period ended on a Wednesday, which of the following would be the proper adjusting entry? 1) Debit Salaries Expense $12,000; credit Salaries Payable $12,000 2) Debit Salaries Expense $18,000 credit Salaries Payable $18,000 3) Debit Salaries Expense $24,000; credit Salaries Payable $24,000 4) Debit Salaries Expense $30,000; credit Salaries Payable $30,000

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