A Company Paid Its Employees $90,000 in Cash for Wages $$\begin{array} { | c | c | c | } \hline \text { Assets } = & \text { Liabilities } + & \text { Equity } \\\hline & & \\\hline\end{array}$$

Essay

A company paid its employees $90,000 in cash for wages earned during the past two weeks.Enter the appropriate amounts that reflect this transaction into the accounting equation format shown below.
$$\begin{array} { | c | c | c | } \hline \text { Assets } = & \text { Liabilities } + & \text { Equity } \\\hline & & \\\hline\end{array}$$