Salaries Are $4,000 Per Week for Five Working Days and Are

Multiple Choice

Salaries are $4,000 per week for five working days and are paid weekly at the end of the day on Fridays.The end of the month falls on a Thursday.The accountant for Sunset Company made the appropriate accrual adjustment and posted it to the ledger.The balance of Salaries Payable,as shown on the adjusted trial balance,will be a ________.(Assume that there was no beginning balance in the Salaries Payable account.)

A) credit balance of $3,200
B) debit balance of $800
C) debit balance of $3,200
D) credit balance of $800