Buster Industries pays weekly salaries of $41,100 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on Tuesday is:A) debit Salaries Payable, $16,440; credit Cash, $16,440. B) debit Dividends, $16,440; credit Cash, $16,440. C) debit Salary Expense, $16,440; credit Salaries Payable, $16,440. D) debit Salary Expense, $16,440; credit Dividends, $16,440.
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