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Buster Industries pays weekly salaries of $40,750 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of

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Buster Industries pays weekly salaries of $40,750 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, 516.300, credit Dividends, 516,300 b. debit Salary Expense, 516.300, credit Salaries Payable, 516,300 C. debit Dividends, $16.300, credit Cash, 516,300 d. debit Salaries Payable, 516300, credit Cash, 516.300

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