Choose the most correct response.

Below are two journal entries that will be posted to Comfy Home's T-accounts. Once they are posted, how will they change the values in those accounts? Choose the most correct response. Date Account Debit Credit 26-Feb-16 Current Portion of Bank Loan $ 3,000 Cash $ 3,000 Date Account Debit Credit 15-Feb-16 Wage Expense $ 1,000 Wages Payable $ 1,000 O The ending balance in the cash account will decrease and the ending balance in wages payable will decrease. The ending balance in the 'current portion of bank loan' account will decrease and the ending balance in the wage expense account will decrease O The ending balance in the wage expense account will increase and the ending balance in the 'current portion of bank loan' account will decrease O The ending balance in the wages payable account will increase and the ending balance in the cash account will increase