Buster Industries pays weekly salaries of $22,100 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on Tuesday is a. debit Salary Expense, $8,840; credit Drawing, $8,840 b. debit Salaries Payable, $8,840; credit Cash, $8,840 c. debit Salary Expense, $8,840; credit Salaries Payable, $8,840 d. debit Drawing, $8,840; credit Cash, $8,840 The assets and liabilities of a company are $132,010 and $85,095, respectively. Owner's equity should equal a. $85,095 b. $132,010 c. $46,915 d. $217,105 The balance in the office supplies account on January 1 was $7,243, the supplies purchased during January were $3,956, and the supplies on hand on January 31 were $2,435. The amount to be used for the appropriate adjusting entry is a. $8,764 b. $3,956 c. $2,435 d. $13,634