The employees of Catherine'sbusiness earned $22,800 in wages during December, but the next payday is not until January 2nd.

When Catherine makes an adjustment on her December 31st trial balance worksheet to account for these wages, what two types of accounts will be affected?

• An expense account and a payable account
• An asset account and an expense account
• A payable account and a revenue account.
• Owner's equity and a payable account