Bowcutt Company pays its employees every other Friday for the two five day work-weeks ending on that day. The company's normal gross biweekly payroll is $14400. Assume the last Friday of the fiscal year was Dec. 25. The company's accounting period ended on Dec. 31, which was a Thursday. On Friday, Jan. 8, when the employees get paid, the company's journal entry will include.

The answer is Debit wages Expenses $8640, but I don't know how to solve it !!