Monty Company pays salaries of $11,100 every Monday for the preceding 5-day week (Monday through Friday! Assume December 21 fats on a Tuesday, so Menty's negloyees have worked 2 days without being paid at the end of the fiscal year. Assume the company does not use reversing entries. Prepare the December 21 adjusting entry and the entry on Monday January & when Monty pays the payroll Credit account sites are automatically indented when amount is entered. Do not indent m Date Account Titles and Explanation Debit Credit 3