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now weamp;#39;re going to learn about adjusting for accrued wages the first a vocabulary note wages and salaries mean the same thing they are the amount you pay your employees so the end of the accounting period whether itamp;#39;s a year a quarter or in this case a month the end of the accounting period usually does not fall on payday therefore at the end of most accounting periods because itamp;#39;s not a payday youamp;#39;re not going to pay your employees on that day therefore you owe them some wages also called salaries so thatamp;#39;s what weamp;#39;re going to learn how to adjust now weamp;#39;re going to learn how to record the adjusting entry thatamp;#39;s going to show you the accrued wages which just means the wages that have accumulated but have not yet been paid so in our example employee salaries are a hundred dollars a day thatamp;#39;s total weamp;#39;re just trying to keep this easy for a five-day work week so notice the days in yellow are the work
