Hourly employees at Gilbert Manufacturing have worked 1,200 hours for the week at an average pay rate of $32.50 per hour. Which of the following is the required adjusting entry?

Multiple Choice

• Debit Salaries and Wages Expense and credit Cash for $39,000.

• Debit Salaries and Wages Expense and credit Salaries and Wages Payable for $39,000.

• Debit Salaries and Wages Payable and credit Salaries and Wages Expense for $39,000.

• Debit Salaries and Wages Payable and credit Cash for $39,000.