Multiple Choice Question 176 Which of the following journal entries is recorded correctly and in the basic format? O Cash 1680 Salaries and Wages Expense Advertising Expense 620 1060 O 620 Salaries and Wages Expense Advertising Expense Cash 1060 1680 Salaries and Wages Expense Advertising Expense Cash 620 1060 1780 620 Salaries and Wages Expense Cash Advertising Expense 1680 1060 Click if you would like to Show Work for this question: Open Show Work Vaughn Manufacturing started the year with $61200 in its Common Stock count and credit balance in Retained Earrings of $44900. During the year, the company eamed net income of $49000, and declared and paid $20400 of dividends. In addition, the company sold additional common stock amounting to $20600. As a result, the balance in retained earnings at the end of the year would be $73500 0 $102100 $163300 O $134700 Click if you would like to show Work for this questions On Show Work