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Wages Expense Has a Balance of $55,400 in the Trial

Question 54

Multiple Choice

Wages Expense has a balance of $55,400 in the Trial Balance Debit column of a work sheet. The Adjustments Credit column contains a $500 credit to Wages Payable. The Adjusted Trial Balance columns will show


A) Wages Expense with a debit balance of $54,900.
B) Wages Expense with a debit balance of $500.
C) Wages Payable with a credit balance of $55,900.
D) Wages Expense with a debit balance of $55,900.
E) Wages Expense with a credit balance of $55,900.

Correct Answer:

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