Rudy Co.'s employees earn $15,000 each week and are paid every Friday for that week's work. Employees do not work weekends. The last pay date was Friday. Tuesday, April 30 for the company and April 26 and employees won't be paid again until Friday, May 3. The company prepared financial statements as of recorded the following entry for the days worked so far that week: Salaries and Wages Expense Salaries and Wages Payable Based upon the details above, this entry. OA is incorrect because the journal entry is reversed (Salaries & Wages Payable should be debited and Salaries & Wages Expense should be credited). OB. is incorrect because it should have a debit to Salaries and Wages Payable and a credit to Cash. OC. is completely correct. D. should have a credit to Cash, nerat
