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Buster Industries pays weekly salaries of $38,850 on Friday for a five-day workweek ending on that day. The adjusting entry necessary at the end of
Buster Industries pays weekly salaries of $38,850 on Friday for a five-day workweek ending on that day. The adjusting entry necessary at the end of the fiscal period ending on Tuesday is a. debit Dividends, $15,540; credit Cash, $15,540 b. debit Salary Expense, $15,540; credit Salaries Payable, $15,540 c. debit Salary Expense, $15,540; credit Dividends, $15,540 d. debit Salanes Payable, $15,540; credit Cash, $15,540
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