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Buster Industries pays weekly salaries of $45,000 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 $45,000 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, $18,000; credit Cash, $18,000 b. debit Salary Expense, $18,000; credit Dividends, $18,000 c. debit Salaries Payable, $18,000; credit Cash, $18,000 d. debit Salary Expense, $18,000; credit Salaries Payable, $18,000
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