An adjustment for salaries and wages expense, incurred but unpaid at year end, is an example of an accrued expense.

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Accrued expenses are expenses that have been incurred but not yet paid. An adjustment for salaries and wages expense that has been incurred but not yet paid at the end of the accounting period is an example of an accrued expense. This adjustment is necessary to ensure that the financial statements reflect a true and accurate representation of the company's financial position and performance.

An Adjustment for Salaries and Wages Expense, Incurred but Unpaid