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Buster Industries pays weekly salaries of $41,050 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 $41,050 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, $16,420; credit Cash, $16,420 b. debit Salary Expense, $16,420; credit Dividends, $16,420 c. debit Salary Expense, $16,420; credit Salaries Payable, $16,420 d. debit Salaries Payable, $16,420; credit Cash, $16,420
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