edu/courses/108208/quizzes/13899b/take/questions/247720 D Question 12 0.5 pts A company shows a balance in Salaries and Wages Payable of $40,000 at the end of the month. The next payroll amounting to $60,000 is to be paid in the following month. What will be the journal entry to record the payment of salaries? 60,000 Salaries and Wages Expense........ ........ Salaries and Wages Payable......... 20.000 Salaries and Wages Payable..... Salaries and Wages Expense......... 40.000 Cash 60,000 Salaries and Wages Expense 20.000 Cash.. Salaries and Wages Expense... 60.000 Cash 60,000 Salaries and Wages Payable Salaries and Wages Expense..... 40.000 20,000 60.000 Cash Next Previous