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For the month of September, Countrywide Sales, Inc. recorded gross pay of $69,750. The net pay for the month amounted to $61,250. The salaries are

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For the month of September, Countrywide Sales, Inc. recorded gross pay of $69,750. The net pay for the month amounted to $61,250. The salaries are paid on October 5. Which of the following is the journal entry for the payment of salaries? 69,750 A. Cash Salaries and Wages Expense 69,750 61,250 B. Salaries and Wages Payable Cash 61,250 61,250 C. Salaries and Wages Expense Cash 61.250 69,750 D. Salaries and Wages Payable Cash 69,750 Click to select your answer. ? Previous Next

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