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Here is my accounting question. 1. Assume that weekly payroll

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Here is my accounting question.

1. Assume that weekly payroll of Harry’s Homemade Hats is $340. December 31, end of the year, falls on Monday, and Harry’s will pay its employee on Friday for the full week. What adjusting entry will Harry’s make on Monday, December 31? (Use five days as a full week.)
A. Salary expense 272
Cash 272

B. Salary payable 340
Salary expense 340

C. Salary expense 68
Salary payable 68
D. No adjustment is needed because the company will pay the payroll on Friday.
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