At December 31, 2021, Cullumber Company made an accrued expense adjusting entry of $1,740 for salaries. On January 4, 2022, it paid salaries of $3,210: $1,740 for December salaries and $1,470 for January salaries.

Prepare the December 31 adjusting entry. (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.)

Date	Account Titles and Explanation	Debit	Credit
Dec. 31	enter an account title to accrue salaries at year-end on December 31	enter a debit amount	enter a credit amount
	enter an account title to accrue salaries at year-end on December 31	enter a debit amount	enter a credit amount
	(To accrue salaries at year-end)

Prepare the December 31 closing entry for salaries. (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.)

Date	Account Titles and Explanation	Debit	Credit
Dec. 31	enter an account title for the closing entry on December 31	enter a debit amount	enter a credit amount
	enter an account title for the closing entry on December 31	enter a debit amount	enter a credit amount
	(Closing entry)

Prepare the January 1 reversing entry and the January 4 journal entry to record the payment of salaries. (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.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 1	enter an account title to reverse December 31 accrual on January 1	enter a debit amount	enter a credit amount
	enter an account title to reverse December 31 accrual on January 1	enter a debit amount	enter a credit amount
	(To reverse Dec. 31 accrual)
Jan. 4	enter an account title to record payment of salary on January 4	enter a debit amount	enter a credit amount
	enter an account title to record payment of salary on January 4	enter a debit amount	enter a credit amount
	(To record Jan. 4 payment of salary)

Indicate the balances in Salaries Payable and Salaries Expense after posting these entries.

Salaries Expense
Date	Explanation	Ref	Debit	Credit	Balance
Dec. 31	Accrual		enter a debit amount	enter a credit amount	enter a balance amount	select a debit or credit Cr.Dr.
31	Closing entry		enter a debit amount	enter a credit amount	enter a balance amount	select a debit or credit Cr.Dr.
Jan. 1	Reversing entry		enter a debit amount	enter a credit amount	enter a balance amount	select a debit or credit Cr.Dr.
4	Payment of salary		enter a debit amount	enter a credit amount	enter a balance amount	select a debit or credit Cr.Dr.
Salaries Payable
Date	Explanation	Ref	Debit	Credit	Balance
Dec. 31	Accrual		enter a debit amount	enter a credit amount	enter a balance amount
Jan. 1	Reversing entry		enter a debit amount	enter a credit amount	enter a balance amount