Merando Industries employs a 5-day workweek and a September 30 year-end. Normal weekly wages amount to $36400. If September 30 ends on a Wednesday, what is the appropriate journal entry on October 2, the next payday for Merando?
Salaries and Wages Expense $21840
Salaries and Wages Payable $14560
Cash $36400
Salaries and Wages Expense $21840
Cash $21840
Salaries and Wages Payable $21840
Cash $21840
Salaries and Wages Expense $14560
Salaries andWages Payable $21840
Cash $36400