Exercise 3-1 Adjusting and paying accrued wages LO P1 Pablo Management has five part-time employees, each of whom earns $250 per day. They are normally paid on Fridays for work completed Monday through Friday of the same week. They were paid in full on Friday, December 28 The next week, the five employees worked only four days because New Year's Day was an unpaid holiday Prepare the adjusting entry that would be recorded on Monday, December 31 and Friday, January 4 View transaction list Book Journal entry worksheet Record adjusting entry on Monday, December 31 Notes Enter debits before credits General Journal Debit Credit December 31 Record entry Clear entry View general journal Exercise 3-1 Adjusting and paying accrued wages LO P1 Pablo Management has five part-time employees, each of whom earns $250 per day. They are normally paid on Fridays for work completed Monday through Friday of the same week. They were paid in full on Friday, December 28. The next week, the five employees worked only four days because New Year's Day was an unpaid holiday Prepare the adjusting entry that would be recorded on Monday, December 31 and Friday, January 4, View transaction list Journal entry worksheet Record payment of the employees' wages on Friday, January 4. Note: Enter debits before credits Date General Journal Debit Credit January 04 Record entry Clear entry View general journal