At October 31, Nathan Company made an accrued expense adjusting entry of $1,400
for salaries.
November 1
Debit wages payable 1,400
Credit wages expense 1,400
I believe that the balances would be the same as they were on October 31 before the adjusting. The balances after posting the reversing entry are Salaries Expense (Cr.) $1,400 and Salaries Payable $0