Question

$ 20000 for wages and $ 4000 for salaries are outstanding

Answer 1

The below is the Journal Entry :

Wages Dr. 20000
Salaries Dr. 4000
Wages payable Cr. 20000
Salaries Payable Cr. 4000

Answer 2

Answer:

wages a/c dr 20000

salaries a/c dr 4000

to outstanding a/c 24000

Explanation:

as wages and salary accounts are expense so it will be debited and outstanding accounts are liability so it will be credited.