C a 2.100 c. ACC101 EXAMIA REQT 21 The Wages Expense account had a balance of $63,000 on December 31, 2020, and accrued unpaid wages on that date amounted to $3,000 Wages Expense 3,000 Cash 3,000 b. Wages Expense 60,000 Wages Payable 60,000 Wages Expense 63,000 Wages Payable 63,000 d. Wages Expense 3,000 Wages Payable 3,000 Wages Expense 66,000 Wages Payable 66,000 22 The Notes Payable account has a balance of $62,000 on December 31, 2020 for a note that was issued on October 1, 2020. No interest has been paid on the note and interest of $700 accrues each month. Interest Expense 700 Interest Payable 700 b. Interest Expense 2,100 Interest Payable Interest Payable 2.100 Interest Expense 2,100 d. Interest Expense 62,700 Note Payable 62,700 Interest Expense 64,100 Note Payable 64,100 Questions 23 to 33 cover various toples. 23. An adjusting entry may affect any two accounts two balance sheet accounts. ctwo income statement accounts. donly one account one balance sheet account and one income statement account 24. Atrial balance is really a balance sheet in rough form. b. an income statement in rough form. ca statement of changes in capital in rough form da list of all the accounts in the ledger with their current balances. a type of cruel and unusual punishment 25 Which of the following accounts would be an example of a contra account? Salaries Expense Sales Accumulated Depreciation Mumbly Payable Taxes Payable III a. e. a b C