The balance of the Wages Expense account of Ryan Company, prior to adjustment, was $9,500. On June 30, the end of the fiscal quarter, an adjustment for $790 of accrued wages needed to be made. Prepare the adjusting entry for wages, the entry to close the Wages Expense account, and the corresponding reversing entry. Omit explanations.

Question

The balance of the Wages Expense account of Ryan Company, prior to adjustment, was $9,500. On June 30, the end of the fiscal quarter, an adjustment for $790 of accrued wages needed to be made. Prepare the adjusting entry for wages, the entry to close the Wages Expense account, and the corresponding reversing entry. Omit explanations.
The balance of the Wages Expense account of Ryan Company, prior to adjustment, was $9,500. On June 30, the end of the fiscal quarter, an adjustment for $790 of accrued wages needed to be made. Prepare the adjusting entry for wages, the entry to close the Wages Expense account, and the corresponding reversing entry. Omit explanations.

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The Answer of The balance of the Wages Expense account of Ryan Company, prior to adjustment, was $9,500. On June 30, the end of the fiscal quarter, an adjustment for $790 of accrued wages needed to be made. Prepare the adjusting entry for wages, the entry to close the Wages Expense account, and the corresponding reversing entry. Omit explanations.

The Balance of the Wages Expense Account of Ryan Company