Answer and Explanation:
The adjusting entry would be
Salaries and Wages Expense $24,080 ($30,100 ÷ 5 days × 4 days)
To Salaries and Wages Payable $24,080
(being the salaries & wages expense is recorded)
Here we debited the salaries and wages expense as it increased the expenses and at the same time we credited the salaries and wages payable as it also increased the liabilities
The same is to be considered
