Merando Industries employs a 5-day workweek and a September 30 year-end. Normal weekly wages amount to $38880. If September 30 ends on a Wednesday, what is the appropriate adjustment at fiscal year-end?

The appropriate adjustment entry is as follows

Salaries and wages expense A/c Dr $23,328

To Salaries and wages payable A/c $23,328

(Being the salary and wages expense is recorded)

The computation is shown below:

= Weekly wages * number of days : total number of days in a week

= $38,880 * 3 days : 5 days

= $23,328