A company shows a balance in Salaries and Wages Payable of $37600 at the end of the month. The next payroll amounting to $49000 is to be paid in the following month. What will be the journal entry to record the payment of salaries? 49000 Salaries and Wages Expense Salaries and Wages Payable 49000 11400 Salaries and Wages Expense Salaries and Wages Payable Cash 37600 49000 49000 49000 Salaries and Wages Expense Cash 49000 11400 O Salaries and Wages Expense Cash 11400