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Question(s) / Instruction(s):

A company pays each of its two office employees each Friday at the rate of $100 per day for a five-day week that begins on Monday. If the monthly accounting period ends on Tuesday and the employees worked on both Monday and Tuesday, the month-end adjusting entry to record the salaries earned but unpaid is:

A.            Debit Unpaid Salaries $600 and credit Salaries Payable $600.

B.            Debit Salaries Expense $400 and credit Salaries Payable $400.

C.            Debit Salaries Expense $600 and credit Salaries Payable $600.

D.            Debit Salaries Payable $400 and credit Salaries Expense $400.

E.            Debit Salaries Expense $400 and credit Cash $400.

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