The records of wages due but not yet paid is an example of an adjustment for
Answer Details
The records of wages due but not yet paid is an example of an adjustment for recognizing accrued expenses. Accrued expenses are expenses that have been incurred but not yet paid for or recorded in the accounting system. In this case, the wages due but not yet paid represent an expense that has been earned by the employees but not yet paid out by the company. As a result, it needs to be recognized as an accrued expense in the accounting system by making an adjustment to the appropriate account.