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Buster Industries pays weekly salaries of $47,800 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 $47,800 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 Oa. debit Salary Expense, $19,120; credit Dividends, $19,120 Ob. debit Dividends, $19,120; credit Cash, $19,120 Oc. debit Salary Expense, $19,120; credit Salaries Payable, $19,120 Od debit Salaries Payable, $19,120, credit Cash, $19,120

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