During the month of February,Castle Co.wrote checks to employees totaling $38,450 for wages earned in February.Which of the following is the correct entry?
A) Debit Salaries and Wages Expense for $38,450 and credit Salaries and Wages Payable for $38,450.
B) Debit Cash for $38,450 and credit Salaries and Wages Expense for $38,450.
C) Debit Salaries and Wages Expense for $38,450 and credit Cash for $38,450.
D) Debit Cash for $38,450 and credit Salaries and Wages Payable for $38,450.
Correct Answer:
Verified
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