Problem:
Anderson's Landscaping's accounting period ended on a Wednesday. For Monday - Wednesday of that week, they owed salaries of $18,000. Which of the following would be the proper adjusting entry? • a. No entry is needed for the year end. • b. Debit Salaries Payable $18,000; credit Salaries Expense $18,000 • c. Debit Salaries Expense $18,000; credit Salaries Payable $18,000 • d. Debit Salaries Expense $18,000; credit Salaries Expense $18,000