Pablo Management has five pait-time employees, each of whom earns $250 per day. They are normally paid on Fridays for work completed Monday through Friday of the same week. Assume that December 28, 2013, was a Friday, and that they were paid in full on that day. The next week, the five employees worked only four days because New Year’s Day was an unpaid holiday,

(a) Assuming that December 31, 2013, was a Monday, prepare the adjusting entry that would be recorded at the close of that day.

(b) Assuming that January 4, 2014, was a Friday, prepare the journal enti7 that would be made to record payment of the employees’ wages.