hemmingway corporation paid salaries of 5 000 and advertising expense of 2 000 which 4284324

 

Hemmingway Corporation paid salaries of $5,000 and advertising expense of $2,000. Which of the following journal entries correctly records these expenses? a. Debit: Cash $7,000 Credit: Salaries/Wages Expense $5,000 Credit: Advertising Expense $2,000 b. Debit: Salaries/Wages Expense $5,000 Debit: Advertising Expense $2,000 Credit: Cash $7,000 c. Debit: Salaries/Wages Expenses $5,000 Debit: Salaries/Wages Expense $5,000 Debit Advertising Expense $2,000 Credit: Salaries/Wages Payable $5,000 Credit: Accounts Payable$2,000 Debit: Salaries? Wages Expense $5,000 Debit: Advertising Expense $2,000 Credit: Accounts Payable $7,000