Ayayai Company pays salaries of $$10,000$ every Monday for the preceding $5-$day week $($Monday through Friday$).$ Assume December $31$ falls on a Tuesday, so Ayayai's employees have worked $2$ days without being paid at the end of the fiscal year.

$($a$)$

Your answer is partially correct.

Assume the company does not use reversing entries. Prepare the December $31$ adjusting entry and the entry on Monday, January $6,$ when Ayayai pays the payroll. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.$)$

Date

Account Titles and Explanation

Debit

Credit

Salaries and Wages Expense

Salaries and Wages Payable

$.6$

Salaries and Wages Payable

Salaries and Wages Expense

Cash