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how would you record this on a balance sheet to balance both sides: paid its employees $ 7 5 , 0 0 0 of wages

how would you record this on a balance sheet to balance both sides: paid its employees $75,000 of wages in cash for the year, $70,000 of which was for the current year and $5000 of which was for the outstanding balance owed. Employees earned 90,000 in wages for the year.

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