Exercise 37 (Static) Adjusting and paying accrued wages LO P3 Pablo Management has five employees, each of whom earns $250 per day. They are paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the five employees worked Monday, December 31 , and Wednesday, Thursday, and Friday, January 2, 3, and 4. New Year's Day (January 1) was an unpaid holiday. Prepare the December 31 year-end adjusting entry for wages expense and record payment of the employees" wages on Friday, January 4 Journal entry worksheet Record the December 31 year-end adjusting entry for wages expense. Note: Enter debits before credits. Journal entry worksheet Record payment of the employees' wages on Friday, January 4. Note: Enter debits before credits