(e) Wages earned, but not yet paid, at the end of April, $500. Enter a transaction...
(e) Wages earned, but not yet paid, at the end of April, $500.
Enter a transaction in a general journal
May 13 Paid Wages to fishing guides, $30,000. (Don't forget wages payable from the prior month.)
Homework Answers
Journal
| April 30 | Wages expense | 500 | |
| Wages payable | 500 | ||
| May 13 | Wages payable | 500 | |
| Wages expense | 29,500 | ||
| Cash | 30,000 |
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