Certified Electronics Operates Five Days Per Week with a Daily

Certified Electronics operates five days per week with a daily payroll of $40,000. Employees are paid every Saturday for the work week just completed (Monday through Friday) . The last day of the month is Wednesday, May 31. The correct adjusting entry at May 31 is

A) Wages Expense 40,000 Wages Payable 40,000
B) Wages Payable 40,000 Cash 40,000
C) Wages Expense 120,000 Cash 120,000
D) Wages Expense 120,000 Wages Payable 120,000