For the Month of September, Seawide Sales, Inc $$\begin{array} { | l | r | r | } \hline \text { Salaries and Wages Payable } & 59,500 & \\\hline \text { Cash } & & 59,500 \\\hline\end{array}$$

For the month of September, Seawide Sales, Inc. recorded gross pay of $74,500. The net pay for the month amounted to $59,500. The salaries are paid on October 5. Which of the following is the journal entry for the payment of salaries?

A) $$\begin{array} { | l | r | r | } \hline \text { Salaries and Wages Payable } & 59,500 & \\\hline \text { Cash } & & 59,500 \\\hline\end{array}$$
B) $$\begin{array} { | l | r | r | } \hline \text { Salaries and Wages Payable } & 74,500 & \\\hline \text { Cash } & & 74,500 \\\hline\end{array}$$
C) $$\begin{array} { | l | r | r | } \hline \text { Salaries and Wages Expense } & 59,500 & \\\hline \text { Cash } & & 59,500 \\\hline\end{array}$$
D) $$\begin{array} { | l | r | r | } \hline \text { Cash } & 74,500 & \\\hline \text { Salaries and Wages Expense } & & 74,500 \\\hline\end{array}$$