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Exercise 3-1 Adjusting and paying accrued wages LO P1 Pablo Management has six part-time employees, each of whom earns $185 per day They are paid

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Exercise 3-1 Adjusting and paying accrued wages LO P1 Pablo Management has six part-time employees, each of whom earns $185 per day They are paid on Fridays for work completed Monday through Friday of the same week. Near year Friday, January 2, 3, and 4. New Year's Day. (January 1) was an unpaid holiday end, the six employees worked Monday, December 31, and Wednesday through 1. Prepare the year-end adjusting entry for wages expenses 2. Prepare the journal entry to record payment of the employees' wages on Friday, January 4

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