d. Salary Expense: A business has a weekly SALARY EXPENSE of $37,500. This business routinely pays its employees at the end of the day on Friday for that week's SALARY EXPENSE. Prepare the adjusting entry for both circumstances below. 1. Assume 12/31 falls on a Tuesday. / 5 days - $ I x days = $ 2. Assumes 12/31 falls on a Wednesday, / 5 days = $ X _days = $