The ten wealthiest people in the United States and the state where they are from: (from top left to right clockwise-Bill Gates, Philip Knight, Warren Buffet, Michael Bloomberg, Forrest Mars, Jr. James Walton, Michael Dell, David Koch, Sheldon Adelson, Lawrence Ellison).
Accounts Payable Specialist salary. The average Accounts Payable Specialist salary is $43,797 per year or $22 per hour. This is around 1.3 times more than the Median wage of the country. Entry level positions start at $31,000 while most experienced workers make up to $61,000. These results are based on 46 salaries extracted from job descriptions.
Here is the wages payable journal entry. Later in January when the wages are paid, the employer would debit the wages payable account because the wages are no longer owed to the employees and credit the cash account for the amount of cash paid to the employees.Search for more articles about Wages Payable:ages Payable. Wages payable is a current liability account that records the amount of wages that are owed to employees for work that was performed by the employees in prior periods. In other words, wages payable is the amount of wages that employee hasn't paid the employees for their work.