Merando Industries Employs a Five-Day Workweek and a September 30

question 27

Multiple Choice

Merando Industries employs a five-day workweek and a September 30 year-end.Normal weekly wages amount to $35,000.If September 30 is a Wednesday, what is the appropriate journal entry on October 2, the next payday for Merando?

• A)Dr Salaries and Wages Expense $14,000 Dr Salaries and Wages Payable $21,000
• Cr Cash $35,000
• B)Dr Salaries and Wages Expense $21,000 Dr Salaries and Wages Payable $14,000
• Cr Cash $35,000
• C)Dr Salaries and Wages Expense $21,000 Cr Cash $21,000
• D)Dr Salaries and Wages Payable $14,000 Cr Cash $14,000