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question assume that the weekly payroll of hunter hardware inc is 1 000 the end of t 4281326

Question

Assume that the weekly payroll of Hunter Hardware, Inc., is$1,000. The end of the year, December 31, falls on Tuesday. HunterHardware will pay its employees on Friday for the full week. Whatadjusting entry will Hunter Hardware make on Tuesday, December 31?(Use five days as a full workweek.)

Date

Accounts and Explanations

Debit

Credit

A.

Salaries Expense

400

 

 

Salaries Payable

 

400

B.

Salaries Payable

400

 

 

Salaries Expense

 

400

C.

Salaries Expense

600

 

 

Cash

 

600

D.

Salaries Expense

600

 

 

Salaries Payable

 

600

 

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