Assume that Best Buy made a December 31 adjusting entry to debit Salaries and Wages Expense and credit Salaries and Wages Payable for $4,470 for one of its departments. On January 2, Best Buy paid the weekly payroll of $7,200. Prepare Best Buy's January 1 reversing entry; January 2 entry (assuming the reversing entry was prepared); and January 2 entry (assuming the reversing entry was not prepared). (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)