A Company's Five-Day Weekly Payroll of $2,940 Is Paid on Fridays.Assume

Multiple Choice

A company's five-day weekly payroll of $2,940 is paid on Fridays.Assume that the last day of the month falls on Wednesday.Which of the following is the required adjusting entry for the month end?

A) Debit Salaries Payable $1,764 and credit Salaries Expense $1,764.
B) Debit Salaries Expense $1,764 and credit Salaries Payable $1,764.
C) Debit Unpaid Salaries $1,764 and credit Salaries Payable $1,764.
D) Debit Salaries Expense $1,176 and credit Salaries Payable $1,176.