The following totals for the month of June were taken from the payroll register of Arcon Company: Salaries expense $ 12,700.00 Social security and Medicare taxes withheld 952.50 Federal income taxes withheld 297.00 Retirement savings withheld 442.00 The entry to record the payment of net pay would include a Credit to Salaries Expense for $11,008.50 Credit to Salaries Payable for $11,008.50 Debit to Salaries Payable for $11,008.50 Debit to Salaries Payable for $12,700.00