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At the end of the fiscal year, an adjusting entry was made for accrued salaries of $1,500. The salaries for one week, $3,750, were paid

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At the end of the fiscal year, an adjusting entry was made for accrued salaries of $1,500. The salaries for one week, $3,750, were paid on the first Friday of the new fiscal period. Which of the following is the entry to record paying the salaries expense for the week? A) Salaries Expense, debit, $3,750; Cash, credit, $3,750 B) Salary Exp., debit, $1,500; Salaries Payable, debit, $2,250; Cash, credit, $3,750 C) Salaries Expense, debit, $3,750; Salaries Payable, credit, $3,750 D) Salary Exp., debit, $2,250; Salaries Payable, debit, $1,500; Cash, credit, $3,750 E) None of the journal entries shown above

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