3 () 25 One of the company's departments has six employees. Salaries and wages are paid every Friday weekly. Three employees receive 500 each per week, and three employees earn 400 each per week. December 31 is a Tuesday. Employees do not work weekend (i.e. Saturday and Sunday). All employees worked in the last days of December. The adjusting entry at the end of the year to record the accrual of interest will be Debit salaries and wages pense account by $1,080 and credit salaries and wages payable account by $1,080 True o False