Exercise 3-3 Adjusting and paying accrued wages LO C1, P1 Pablo Management has nine part-time employees, each of whom earns $110 per day. They are paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the nine employees worked Monday, December 31, and Wednesday through Friday, January 2, 3, and 4. New Year's Day. (January 1) was an unpaid holiday. 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 View transaction list Journal entry worksheet 1 2 Record adjusting entry on Monday, December 31 Note: Enter debits before credits. Date General Journal Debit Credit December 31