Salaries do not appear directly on a balance sheet, because the balance sheet only covers the current assets, liabilities and owners equity of the company. Any salaries owed by not yet paid would appear as a current liability, but any future or projected salaries would not show up at all.

Are wages an asset?

Salaries, wages and expenses don't appear directly on your balance sheet. However, they affect the numbers on your balance sheet because you'll have more available in assets if your expenditures are lower.

Is wages a current asset or liability?

Current liabilities are those that are due in the next year, while long-term liabilities will not be due until at least a year later. Current liabilities typically represent money owed for operating expenses, such as accounts payable, wages, and taxes.