The wages expense account for Ray's Plumbing showed the following entries for the month of May. What was the portion of wages that was treated as an expense in April but was not paid until May?
Wages expense
$$\begin{array} { | l | l | r | r | r | }
\hline \text { Date } & \text { Particulars } \text { DR } & \text { CR } & \text { Balance } \
\hline & & \mathbf { \$ } & \$ & \mathbf { \$ } \
\text { May 1 } & \text { Beginning balance } & 34000 & & \mathbf { 3 4 0 0 0 \mathrm { Dr } } \
\text { May 1 } & \text { Accrued expenses } & & 2200 & 31800 \mathrm { Dr } \
\text { May 1-31 } & \text { Various cash payments } & 15400 & & 47200 \mathrm { Dr } \
\text { May 31 } & \text { Accrued expenses } & 3700 & & 50900 \mathrm { Dr } \
\hline
\end{array}$$
A) $ 3 700
B) $15 400
C) $ 2 200
D) $34 000

Question

The wages expense account for Ray's Plumbing showed the following entries for the month of May. What was the portion of wages that was treated as an expense in April but was not paid until May?
Wages expense
$$\begin{array} { | l | l | r | r | r | } 
\hline \text { Date }  &  \text { Particulars }   \text { DR }  & \text { CR }  & \text { Balance }  \
\hline & & \mathbf { \$ } & \$ & \mathbf { \$ }  \
\text { May 1 } & \text { Beginning balance } & 34000 & & \mathbf { 3 4 0 0 0 \mathrm { Dr } } \
\text { May 1 } & \text { Accrued expenses } & & 2200 & 31800 \mathrm { Dr } \
\text { May 1-31 } & \text { Various cash payments } & 15400 & & 47200 \mathrm { Dr } \
\text { May 31 } & \text { Accrued expenses } & 3700 & & 50900 \mathrm { Dr } \
\hline
\end{array}$$
A) $ 3 700
B) $15 400
C) $ 2 200
D) $34 000

Quizplus · Accepted Answer

The portion of wages treated as an expense in April but not paid until May is represented by the "Accrued expenses" entry on May 1st, which is $2,200. This indicates the amount was recognized as an expense before May (in April) and was paid in May.

The Wages Expense Account for Ray's Plumbing Showed the Following