Entries posted to wages expense account Portions of the wages expense account of a business follow: Account Wages Expense Account No. 53 Balance Date Item Post. Ref. Dr. Cr. Dr. Cr. 2018 Dec. 26 (1) 125 15,400 9,250 800,000 809,250 31 (2) 126 31 (3) 127 809,250 2019 Jan. 128 9,250 9,250 1 (4) 2 (5) 129 14,800 5,550 a. Indicate the nature of the entry (payment, adjusting, closing, reversing) from which each numbered postin (1) Payment (first payday in following year) (2) Adjusting (accrual of wages at end of year) 2019 Jan. 1 (4) 128 9,250 9,250 2 (5) 129 14,800 5,550 a. Indicate the nature of the entry (payment, adjusting, closing, reversing) from which each numbered posting me (1) Payment (first payday in following year) (2) Adjusting (accrual of wages at end of year) (3) Closing (4) Reversing (5) Payment (last payday in year) b. Journalize the complete entry from which each numbered posting was made Close revenues and expenses to tower Wages Expense Cash 12 Wages Expense Wages Payable I II b. Journalize the complete entry from which each numbered posting was made. Close revenues and expenses to D. Bomer, Capital Wages Expense 12 Cash Wages Expense Wages Payable