A company shows a balance in Salaries and Wages Payable of $34,000 at the end of the month. The next payroll amounting to $50,000 is to be paid in the following month. What will be the journal entry to record the payment of salaries? Select one: a. Salaries and Wages Expense... Cash..... 16,000 16,000 50,000 50,000 e b. Salaries and Wages Expense.... Salaries and Wages Payable.. C. Salaries and Wages Expense... Salaries and Wages Payable... Cash........... 16,000 34,000 50,000 50,000 O d. Salaries and Wages Expense..... Cash.......... 50,000