If the Wages Payable Account Had a Normal Balance of $4,500

question 77

Multiple Choice

If the wages payable account had a normal balance of $4,500 before adjustment and an adjustment was made debiting the account for $500, then the account would appear on the work sheet as a:

• A) $5,000 debit balance in the balance sheet columns.
• B) $4,500 credit balance in the income statement columns.
• C) $5,000 debit balance in the adjusted trial balance columns.
• D) $4,000 credit balance in the balance sheet columns.
• E) $5,000 debit balance in the income statement columns.

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