Question

wage expenses of $3,000 have been incurred but are not paid as of december 31. note: enter debits before credits. transaction general journal debit credit

Explanation:

Step1: Identify the accounts involved

Wage expense is an expense account and wages payable is a liability account.

Step2: Apply accounting rules

Expenses increase with debits and liabilities increase with credits. Since wage expense has been incurred, we debit it, and since the wages are unpaid, we credit wages payable.

Answer:

Transaction	General Journal	Debit	Credit
	Wages Payable		$3,000