Question

Journal entry of paid wages 23000 and still payable 7000

Answer 1

Hello..

Wages a/c dr. 23000

to cash a/c. 23000

(being wages paid)

Outstanding wages a/c dr.7000

to wages a/c 7000

(being wages outstanding or payable)

hope it helps..

Answer 2

Wages a/c. Dr. 30000

To Wages payable. 7000

To Cash / Bank. 23000