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Buster industries pays weekly salaries of 539,800 on Friday for a five day week ending on that day. The adjusting entry necessary at the end
Buster industries pays weekly salaries of 539,800 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 a. debit Salary Expense, $15.920: credit Salaries Payable $15.920 D. debit Salary Expense, $15.920; credit Dividends, $15.920 c debit Dividends 15.920; Credit Cash, $15.920 d. debit Salaries Payable, $15,920; credit Cash, $15,920
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