Exercise 3-2 Adjusting and paying accrued wages LO P3 Pablo Management has seven employees, each of whom earns $235 per day. They are paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the seven employees worked Monday, December 31, and Wednesday through Friday, January 2, 3, and 4. New Year's Day (January 1) was an unpaid holiday. Prepare the year end adjusting entry for wages expense and record payment of the employees' wages on Friday, January 4. View transaction list Journal entry worksheet Record the year-end adjusting entry for wages expense. Needs before Date General Journal Debit Credit Journal entry worksheet Record the year-end adjusting entry for wages expense. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Journal entry worksheet Record payment of the employees' wages on Friday, January 4. Note: Enter debits before credits General Journal Debit Credit January 04 Record entry Clear entry View general journal