I n 39 th st Petite co. pays its employees twice a month, on the 7 and the 21. On June 21, Boise Co. paid employee salaries of $7,000. This transaction would 1 out of question Select one: O a. be recorded by a $7,000 debit to Salaries and Wages Payable and a $7,000 credit to Salaries and Wages Expense b. increase owner's equity by $7,000. c. decrease net income for the month by $7,000. d. decrease the balance in Salaries and Wages Expense by $7,000