The wages payable and wages expense accounts at May 31, after adjusting entries have been posted at the end of the first month of operations, are shown in the following T accounts:

The wages payable and wages expense accounts at May 31, after adjusting entries have been posted at the end of the first month of operations, are shown in the following T accounts:

Wages Payable
 | Bal. 7,175

Wages Expense
Bal. 73,250 |

Determine the amount of wages paid during the month.


Answers:
$66,075 ($73,250 – $7,175)