Dresser Company's weekly payroll, paid on Fridays, totals $$8,000.$ Employees work a $5-$day week. Prepare Dresser's adjusting entry on Wednesday, December $31,$ and the journal entry to record the $$8,000$ cash payment on Friday, January $2.($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. List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Debit

Credit