Muscat Company informs you that its fiscal year$-$end is December $31.$ At the end of $2021,$ it owed employees $$25,000$ in salaries that will be paid on January $7,2022.$Required:a$.$ Prepare an adjusting entry to record accrued salaries, a reversing entry on January $1,2022,$ and an entry to record the payment of salaries on January $7,2022.($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$