Monty Company pays salaries of $11,300 every Monday for f (a) Monday for the preceding 5-day week (Monday through Friday). Assume December 31 falls on a Tuesday, so Monty's employees have worked 2 days without being paid at the end of the fiscal year Asune the company the note reversing entries Prepare the Decenter 31 adjusting entry and the entry on Monday January & when Monty pays the payroll Cedit account ties are automatically indented when amount is entered. Do not indent Date Account Titles and Explanation Dm. 31 Debit Credit Cat Textbook and Media Monty Company says salaries of $11.100 every Monday for the preceding 5-day week (Monday through Friday). Assume December 21 falls on a Tuesday, so Monty's employees have worked 2 days without being paid at the end of the fiscal yes Your answer is partially correct Assume the company does not use reversing entries. Prepare the December 31 adjusting entry and the entry on Monday, January 6, when Monty pays the payroll (Cde account titles a Date Account Titles and Explanation Dec 30 v Jan Salaries and Wages Exp Ca Debit Credit matically indented when amount is enbest. Do not in