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A company has Salaries Expense of $2,000 per day and has five working days each week, Monday through Friday. The company pays its employees on

A company has Salaries Expense of $2,000 per day and has five working days each week, Monday through Friday. The company pays its employees on Friday for the days worked that week. June 30 falls on a Wednesday. When the company pays its employees on Friday, July 2nd, the journal entry will include which of the following?

Question 38 options:

Debit to Salaries Expense for $6,000

Debit to Cash for $10,000

Debit to Salaries Payable for $6,000

Debit to Salaries Expense for $10,000

Credit to Salaries Payable for $4,000

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