When making an adjusting entry. Say the amount is $1,500The accounts used are Wages Expense and Wages Payable. Both of these are liabilites, is that correct? So they should both be credit accounts. However according to my text book. Wages Expense is a Debit Account and Wages Payable is a Credit Account. WHY is that? Please explain in detail. Thanks!

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Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.