Karl Company accrued wages of $7,750 that were earned by employees but were unpaid at the year-end. Assuming Karl uses reversing entries, which of the following entries correctly reverses the accrued wages at the beginning of the following year? Multiple Choice Debit Wages Expense $7,750; credit Cash $7,750. Debit Wages Payable $7,750; credit Cash $7,750. Debit Wages Payable $7,750; credit Wages Expense $7,750. Debit Wages Expense $7,750; credit Wages Payable $7,750. Debit Cash $7,750; credit Wages Expense $7,750