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Question 8 (1 point) A company shows a balance in Salaries and Wages Payable of $50,000 at the end of the month. The next payroll

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Question 8 (1 point) A company shows a balance in Salaries and Wages Payable of $50,000 at the end of the month. The next payroll amounting to $75,000 is to be paid in the following month. To record the payment of salaries the company would increase Salaries and Wages Expense $75,000 and increase Salaries and Wages Payable $75,000 increase Salaries and Wages Expense $75,000 and decrease Cash $75,000. increase Salaries and Wages Expense $25,000 and decrease Cash $25,000 decrease Salaries and Wages Payable $50,000, increase Salaries and Wages Expense $25,000 and decrease Cash $75,000. int

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