B A company pays its employees $7,000 every two weeks ($500/day). The current two-week pay period ends on December 26, 2021, and employees are paid $7,000. The next two-week pay period ends on January 9, 2022, and employees will be paid $7,000. Record the adjusting entry on December 31, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 5:31 View transaction list Journal entry worksheet