Question: Salaries are $6,500 per week for five working days and are paid weekly at the end of the day on Fridays. The end of the

 Salaries are $6,500 per week for five working days and are

Salaries are $6,500 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, Inc. made the appropriate accrual adiustment and posted it to the ledger. The balance of Salaries Payable, as shown on the adjusted trial balance, will be a balance in the Salaries Payable account.) (Assume that there was no beginning A. credit balance of $1,300 B. debit balance of $1,300 C. debit balance of $5,200 D. credit balance of $5,200

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