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Sanborn Company has 10 employees, who earn a total of $2,100 in salaries each working day. They are paid on Monday for the five-day workweek

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Sanborn Company has 10 employees, who earn a total of $2,100 in salaries each working day. They are paid on Monday for the five-day workweek ending on the previous Friday. Assume that year ended December 31, Is a Wednesday and all employees will be paid salaries for five full days on the following Monday. The adjusting entry needed on December 31 is. Multiple Choice Debit Salanes Expense $10.500, credit Sales Payable, $10.500 Debit Sales Payable 56.300credit Staries Expense 16.300 Debit Sales Expose $6.100 credit Cash 10.00 Debt Solaries Expense 56.300 Credit Solantes Poble $6.300 Debit Series Expense 54,200. Crecht Solaris Payable $4.200

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