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Powers Company Accrued Unpaid Wages of $3,000 on January 31

Question 158

Multiple Choice

Powers Company accrued unpaid wages of $3,000 on January 31. These wages will be included in paychecks totaling $9,000 on February 2. The reversing entry will include a ________.


A) credit to Cash for $3,000
B) debit to Wages Payable for $9,000
C) debit to Wages Expense for $9,000
D) credit to Wages Expense for $3,000

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