The Buttery Margarine Company pays its employees every second Friday throughout the year. On December 31 , they accrued $733 , 000 in salaries payable as part of their year-end adjusting entries. The salaries owing for the next five days, until actual payday totaled $407 , 000 . The journal entry to record the payment of salaries on this first payday of the year would MOST likely include a debit to Salaries Payable for $1 , 140 , 000 . a debit to Cash for $407 , 000 . a debit to Salaries Expense for $407 , 000 . a credit to SHaries Payable for $733 , 000