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Question 34 of 56 -/4 E 1 View Policies Current Attempt in Progress A company shows a balance in Salaries and Wages Payable of $48000 at the end of the month. The next payroll amounting to $72000 is to be paid in the following month. What will be the journal entry to record the payment of salaries? Salaries and Wages Expense 24000 Cash 24000 Salaries and Wages Payable 48000 Salaries and Wages Expense 24000 Cash 72000 Salaries and Wages Expense 72000 Cash 72000 72000 Salaries and Wages Expense Salaries and Wages Payable O 72000 Question 35 of 56 -/4 = 1 View Policies Current Attempt in Progress Splish Brothers Inc. issued 24000 shares of $1 par common stock for $40 per share during 2022. The company paid dividends of $58000 and issued long-term notes payable of $528000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows? O $846000 net cash outflow. O $14000 net cash inflow. O $422000 net cash inflow. O $1430000 net cash inflow. Attempts: 0 of 1 used Submit Answer Save for Later