Reversing entry The following adjusting entry for accrued wages was recorded on December 31:

Dec. 31 Wages Expense 5,500 Wages Payable 5,500

a. Journalize the reversing entry that would be made on January 1 of the next period.

b. Assume that the first paid period of the following year ends on January 6 and that wages of

$61,375 were paid. Journalize the entry to record the payment of the January 6 wages.

c. Journalize the entry to record the payment of the January 6 wages assuming that a reversing entry was not made on January 1.

d. What is wages expense for the period January 1–6?

AppendixLO1